On November 13th, the U.S. Department of Labor announced on Wednesday that consumer prices rose 2.6% in October from a year earlier. This marks a pick-up in inflation from September, when the CPI rose 2.4% year-on-year. Excluding food and energy items, core inflation rose 3.3% year-on-year, a better indicator of underlying trends in inflation. Both results were in line with market expectations. This is the first inflation report since the U.S. election. Americans were disappointed with inflation...