Inflation surges, PCE shows. Fed pause on rate hikes unlikely to… | HappeningNow.news

Business & Economy · 10 views

Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last with prices still rising.

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Summary

Even though the Federal Reserve temporarily put its inflation fight on hold this week, the cost of living rose sharply again last month in a sign the central bank’s work is far from done.

Read original at MarketWatch

Coverage Context

Part of PCE coverage 11 tracked stories

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