Fed’s Preferred Inflation Gauge Shows Price Pressures Stayed Elevated Last Month

www.theyeshivaworld.com— 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

Breitbart—Fed’s Preferred Inflation Gauge Show Prices Rising Sharply. The PCE index shows that progression on bringing down inflation has stalled. | Economy

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.