An inflation gauge tracked by the Fed slows to still-high 6%
Headline from The Buffalo News
A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed’s intent to keep raising interest
The Buffalo News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed’s intent to keep raising interest
Inflationary pressures in the economy remain strong, a worrisome sign for the Federal Reserve as it tries to crush runaway prices without triggering a recession.