The Fed’s go-to inflation gauge heated up again

  • Posted on January 31, 2025
  • By CNN
  • 8 Views
The Fed’s go-to inflation gauge heated up again

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.
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CNN

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