Fed’s Favorite Inflation Measure Remains Elevated

by Claudia Larsen

Despite some reports showing lower trends in inflation, the Federal Reserve’s preferred inflation measure continues to remain elevated ahead of possible complications from geopolitical tension, according to the latest data from the Bureau of Economic Analysis. The Personal Consumption Expenditures (PCE) price index grew 0.3% in January, with annual inflation at 2.8%. This is a… The post Fed’s Favorite Inflation Measure Remains Elevated appeared first on RISMedia.
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