US Fed's favored inflation gauge ticks higher as fuel costs rise

The US central bank's favored measure of inflation edged higher last month on the back of rising fuel prices, according to government data published Friday, but a metric stripping out volatile food and energy prices continued to ease.

Mar 29, 2024 - 16:27
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US Fed's favored inflation gauge ticks higher as fuel costs rise
The US central bank's favored measure of inflation edged higher last month on the back of rising fuel prices, according to government data published Friday, but a metric stripping out volatile food and energy prices continued to ease.

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Phillimon Sefake Phillimon Sefake is a creative writer and literary scholar