Odaily News The Fed may not see more signs of easing inflation before deciding whether to cut rates again in December. After studying this week's CPI and PPI inflation data, many analysts predict that the Fed's preferred inflation measure, the PCE price index, will show that core prices, excluding the volatile food and energy categories, rose 2.8% year-on-year in October. This would be another acceleration in growth since September and means that the core PCE annualized rate has returned to May levels. However, the pain may be temporary. Citi economists expect that the core PCE monthly inflation rate may slow sharply in November. But the November data will not be released until New Year's Eve. (Jinshi)