The Fed’s go-to inflation gauge ticked up less than expected last month
Headline from KTVZ Bend
By Alicia Wallace, CNN (CNN) — The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion.
KTVZ Bend's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
By Alicia Wallace, CNN (CNN) — The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion.
The Federal Reserve's preferred inflation measure rose for a second straight month in November, according to government data published Friday, although
AP Economics Writer WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Prices rose just 0.1% from October to November.
