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U.S. inflation is cooling, but not quite fast enough.

Inflation is a big issue for voters because although the pace of inflation is slowed

that doesn't mean that prices have gone down.

In Hurricane Milton appears to have spared Florida of the worst outcomes.

Plus how robots are have spared Florida of the worst outcomes.

Plus, how robots are reshaping the grocery delivery business.

It's Thursday, October 10th, I'm Tracy Hunt for the Wall Street Journal.

This is the PM edition of What's News, the top

headlines and business stories that new data showed today.

According to a report from the Labor Department, the Consumer Price Index rose 2.4% from a year earlier,

after rising 2.5% in August.

Core prices, which exclude volatile food and energy items, climbed 3.3% over the previous 12 months,

slightly hotter than the 3.2% in August.

That was also above expectations.

Joining us now is W.S.J reporter Harriet Tory.

Harriet,

prices are getting lower, but not as much as we expected.

What does that tell us? That is correct and it just shows that bringing inflation back down to the Fed's 2% year-over-year target is a bit of a bumpy road.

This report is not terrible, it's probably not likely to make the Fed seriously question what it's going to do at its next meeting or anything like that.

...