Stubborn core inflation helps explain some Fed restlessness
Stubborn core inflation helps explain some Fed restlessness
13/11/2023 7:20

Underlying US price pressures are seen advancing at a pace that backs apprehension among Federal Reserve officials to signal the all-clear in their inflation-fighting efforts.

The consumer price index excluding food and fuel, a measure favored by economists as a better indicator of underlying inflation, is seen increasing 0.3% for a third month.

Source: Bloomberg

Related news

NEWSLETTER