Fed's preferred inflation gauge shows price pressures stayed elevated last month

Posted Friday, April 26, 2024 3:34 pm

Via ABC - Business wire stories

A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid

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Fed's preferred inflation gauge shows price pressures stayed elevated last month

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