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Fed’s Preferred Inflation Measure Comes In Hot

Por: Forbes Business October 01, 2022

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Federal Reserve Board Chairman Jerome Powell Friday, Sept. 23, 2022, in Washington. August PCE ... [+] inflation came in relatively hot, which may lead the Fed to contemplate further rate increases. (AP Photo/Manuel Balce Ceneta)Copyright 2022 The Associated Press. All rights reserved. August’s inflation came in hotter than the U.S. Federal Reserve (Fed) would want to see in the . Stripping out food and energy costs, prices rose at 0.6%... + full article



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