Inflation slows again as gas prices tumble to earth
The Consumer Price Index climbed 3.1% year over year after a 3.2% rise in October.
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Here's when market experts think inflation will get back to normal
Inflation isn't around the Fed's 2% target, but some experts think it could happen as soon as next year.
Read MoreDon't thank the Fed for tackling inflation — it caused the problem, Wharton professor Jeremy Siegel says
Jeremy Siegel says the Fed doesn't deserve credit for curbing inflation, as it allowed the money supply to balloon, and the damage is already done.
Read MoreDonald Trump says interest rates are so high people 'can't do anything' - and vows to beat inflation so borrowing costs can be cut
The ex-president told NBC's Meet the Press that he'd bring down inflation so borrowing costs can be reduced.
Read MoreInflation sped up again in August
The Consumer Price Index rose 3.7% in August over the previous year, a higher increase than in July.
Read MoreThe 'Dean of Valuation' warns inflation and recession risks remain - and stocks may disappoint bulls in the second half
It will be tough to bring inflation down to the Fed's 2% target, a recession is still possible, and stocks look fairly valued, Aswath Damodaran says.
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