Inflation spiked in October, sinking Washington’s hopes that price gains would slow down. November 10, 2021 IFTTT +4 its fastest increase since 1990. That is bad news for President Biden and the central bank. NYT NYT > Business NYTimes The Consumer Price Index rose 6.2 percent in October from a year ago IFTTT its fastest increase since 1990. That is bad news for President Biden and the central bank. NYT NYT > Business NYTimes The Consumer Price Index rose 6.2 percent in October from a year ago