Fed’s Preferred Inflation Gauge Show Prices Rising Sharply
by Breitbart
Breitbart— The PCE index shows that progression on bringing down inflation has stalled. | Economy
www.theyeshivaworld.com—Fed’s Preferred Inflation Gauge Shows Price Pressures Stayed Elevated Last Month. A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid. Friday’s report from the government showed that prices rose 0.3% from February to March, the same as in the […]
www.kxl.com—Fed's Preferred Inflation Gauge Shows Price Pressures Stayed Elevated Last Month. WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in
Honolulu Star-Advertiser—Price pressures persist in Fed’s inflation gauge. WASHINGTON >> A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid.