Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last with prices still rising.
· marketwatch.com · popularity 32/100 · 0 similar stories today · Personal Finance & Investing (Money, Markets & Investing)
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Summary
Even though the Federal Reserve temporarily put its inflation fight on hold this week, the cost of living rose sharply again last month in a sign the central bank’s work is far from done.
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