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Bad News for the Fed As Inflation and Wages Continue to Climb Rapidly

The Federal Reserve’s preferred inflation measure showed that price gains remained fast in September, and a gauge of wages it watches closely is climbing quickly.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

in

Consumer Price Index, Federal Reserve System, Inflation (Economics), Interest Rates, Labor and Jobs, Powell, Jerome H, Prices (Fares, Fees and Rates), United States Economy, Wages and Salaries
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