Inflation Just Came In Hotter Than Expected. That Is a Warning to Retirees That Kevin Warsh's Fed Is Not Done Raising Rates

Consumer prices rose 0.4% in October, more than expected, and there is no 12-month rate because of last year's shutdown. Here is what the report does to a retired couple's 3.6% Social Security raise, their IRA withdrawal and their 4% cash, and why it makes Kevin Warsh's December rate increase harder to doubt.