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Fed’s Preferred Inflation Gauge Points to Continued Price Pressures

✇NYT - Business
By: Ben Casselman and Colby Smith
The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed.

© Anna Rose Layden for The New York Times

The immediate question confronting Federal Reserve officials, led by Kevin M. Warsh, is how quickly they need to deliver additional rate increases in order to firm their grip on inflation.
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Fed’s Preferred Inflation Gauge Points to Continued Price Pressures

✇NYT - Home Page
By: Ben Casselman and Colby Smith
The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed.

© Anna Rose Layden for The New York Times

The immediate question confronting Federal Reserve officials, led by Kevin M. Warsh, is how quickly they need to deliver additional rate increases in order to firm their grip on inflation.
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