A critical inflation gauge slowed sharply in February and it could be a sign that the Fed is winning its war on high prices

A critical inflation gauge slowed sharply in February and it could be a sign that the Fed is winning its war on high prices

Upworthy

Published

The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s yearlong effort to cool price pressures through steadily higher interest rates. Friday’s report from the Commerce Department showed that consumer prices rose 0.3% from January to February,…

#federalreserves #commercedepartment #phillevy #flexport #labordepartment #siliconvalleybank #signature #jeromepowell #wendys #jenniferschultz

Full Article