The Fed’s preferred inflation measure set a new 40-year high in June – CNN

July 28, 2022 by quixnet

The Fed’s preferred inflation measure set a new 40-year high in JuneCNN
Key inflation gauge up 4.8% over past year, slightly above estimatesCNBC Television
Inflation figure that the Fed follows closely hits highest level since January 1982CNBC
Pay growth and prices picked up, keeping the Fed on track for rate increases.The New York Times
Dollar wallows near 6-week low to yen on view Fed to slow hikes By ReutersInvesting.com