A Key Inflation Gauge Hovers Above Fed’s Target

A Key Inflation Gauge Hovers Above Fed’s Target

The New York Times - Business:

The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is a bumpy process.

Jeanna Smialek
Author: Jeanna Smialek

This post first appeared in The New York Times - Business. Read the original article.