Fed’s Favorite Gauge Is Seen Showing Faster Inflation
The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need for interest-rate hikes this year.
By Matthew Boesler, Craig Stirling · Bloomberg Markets
The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need for interest-rate hikes this year.