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Services Inflation is High and Rising. That’s a Headache for the Fed.

Por: MarketWatch Business November 19, 2022

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Picture the Fed’s quest to rein in core inflation as a battle being fought on three fronts. On the first, the central bank looks to be winning. Core goods prices fell 0.4% in October and are on track to deflate further in the coming year, as supply-chain issues continue to ease and consumer demand falls. On the second, housing, the updates from the front lines are good. Private-sector measures that give a closer to real-time look at the sector... + full article



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