Fed's Preferred Inflation Gauge Climbs Above Target Range

WASHINGTON: The US Federal Reserve's preferred inflation measure hit a fresh three-year high in May, as elevated energy prices from President Donald Trump's Iran war pose a key…

Fed's Preferred Inflation Gauge Climbs Above Target Range

US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table for September. Despite this, consumer…

Fed's Preferred Inflation Gauge Climbs Above Target Range

Fed's Preferred Inflation Gauge Climbs Above Target Range

The personal consumption expenditures prices index jumps 4.1 per cent from a year ago. Read more at straitstimes.com. Read more at straitstimes.com.

Fed's Preferred Inflation Gauge Climbs Above Target Range