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Key Inflation Gauge Cooled in May, Welcome News for Federal Reserve

The Federal Reserve is monitoring “core” price increases for a hint at how inflation will develop. They slowed slightly in May.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

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Federal Reserve System, Inflation (Economics), Interest Rates, Powell, Jerome H, United States Economy
←Consumer Spending Stalled Last Month
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