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    R. Scott Pert (raymondpert@mastodon.cloud)'s status on Friday, 26-Apr-2024 23:24:44 JSTR. Scott PertR. Scott Pert

    Fed's preferred inflation gauge shows price pressures stayed elevated last month

    > A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President #JoeBiden's re-election bid.
    https://abcnews.go.com/Business/wireStory/feds-preferred-inflation-gauge-shows-price-pressures-stayed-109688439 #election2024 #inflation #economy #FederalReserve

    In conversationabout 9 months ago from mastodon.cloudpermalink

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    1. Domain not in remote thumbnail source whitelist: i.abcnewsfe.com
      Fed's preferred inflation gauge shows price pressures stayed elevated last month
      from ABC News
      A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid
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