Fed’s Favorite Gauge Is Seen Showing Faster Inflation (opens original article in a new tab)

Fed’s Favorite Gauge Is Seen Showing Faster Inflation. The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need for interest-rate hikes this year.

• The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need for interest-rate hikes this year.