Inflation Ticked Up in December, Fed’s Preferred Measure Shows

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts. Banking and Financial Institutions, United States Economy, Inflation (Economics), Government Bonds, Interest Rates, Prices (Fares, Fees and Rates), Commerce Department, Federal Reserve System, Powell, Jerome H The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts. NYT > Business

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