The annual rate of US consumer inflation has bounced in October after a significant fall through August and September. Consumer price index (CPI) figures released by the Bureau of Labor Statistics indicated seasonally-adjusted consumer prices increased by +0.3% in October, up from September’s +0.1% but in line with consensus expectations. On a 12-month basis, the consumer inflation rate rebounded to 2.5% after falling to 2.3% in September. “Core” inflation, a...