raymondpert,
@raymondpert@mastodon.cloud avatar

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

> 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 's re-election bid.
https://abcnews.go.com/Business/wireStory/feds-preferred-inflation-gauge-shows-price-pressures-stayed-109688439

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