raymondpert, 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
