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Higher gas prices lift Fed’s preferred inflation gauge but underlying price pressures remain mild

Higher gas prices lift Fed’s preferred inflation gauge but underlying price pressures remain mild

September 29, 2023September 29, 2023 · US News

WASHINGTON — An inflation gauge closely tracked by the Federal Reserve rose in August, boosted mainly by higher gas prices. But measures of underlying inflation slowed in the…

Read more Higher gas prices lift Fed’s preferred inflation gauge but underlying price pressures remain mild
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