Published 2 years ago

Key Inflation Gauge Inches Down But Remains Stuck In High Gear

Summary by The Epoch Times

A key inflation gauge heavily relied on by the Federal Reserve when setting interest rates inched down in May but remained elevated near multi-decade highs at a level more than twice the central bank's inflation target, suggesting the Fed's fight to relieve price pressures will be drawn out.

0 Articles

All

Left

Center

Right

The Epoch Times

Key Inflation Gauge Inches Down But Remains Stuck In High Gear

2 years ago·New York, United States

Read Full Article

Slay News

Key Inflation Gauge Inches Down But Still Stuck at More Than Double Fed's Target

'Inflation appears to be cooling, but it may be a mirage' economist Gregory Daco warnsA key inflation gauge heavily relied on by the Federal Reserve when setting interest rates inched down in May but remained

2 years ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.