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

The New York Times – Business:

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

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

Written by

Jeanna Smialek and Ben Casselman

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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