Key Inflation Measure Climbs 6.2 Percent Over Year Through August
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Despite the Federal Reserve raising interest rates five times this past year, inflation continues to be much higher than the central bank’s 2 percent target. DID THE U.S. SABOTAGE TO NORD STREAM PIPELINES? The Personal Consumption Expenditures inflation measure, which was released Friday, showed the index rose last month by 6.2 percent from a year ago, which was slightly down from 6.4 percent in July.
Key Inflation Measure Climbs 6.2 Percent Over Year Through August
Key Inflation Measure Climbs 6.2 Percent Over…
Key Inflation Measure Climbs 6.2 Percent Over Year Through August
Despite the Federal Reserve raising interest rates five times this past year, inflation continues to be much higher than the central bank’s 2 percent target. DID THE U.S. SABOTAGE TO NORD STREAM PIPELINES? The Personal Consumption Expenditures inflation measure, which was released Friday, showed the index rose last month by 6.2 percent from a year ago, which was slightly down from 6.4 percent in July.