‘A speed bump rather than pothole’

The Federal Reserve’s quest to return inflation to its 2% target took another hit this week. Inflation—as measured by the central bank’s favorite gauge, the core personal consumption expenditures (PCE) price index—jumped 0.4% last month, and 2.8% from a year ago, the Bureau of Economic Analysis…#federalreserves #pce #jeromepowell #davidalcaly #alcaly #andrewhollenhorst #hollenhorst #capitaleconomics #paulashworth #ashworth
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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