Inflation Stayed Sticky in January, Fed’s Preferred Gauge Showed
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Getting inflation under control since the worst surge in decades has been a bumpy process in recent months. New data on Friday showed only a little progress.
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, slightly…
This story appeared on nytimes.com, 2025-02-28 13:42:41.