the gauge favored by the Federal Reserve. Inflation is now matching the lowest such rate since February 2021, just after ...

The Fed tends to favor the inflation gauge that the government issued Friday — the personal consumption expenditures price index — over the better-known consumer price index. The PCE index ...

the gauge favored by the Federal Reserve. Inflation is now matching the lowest such rate since February 2021, just after President Joe Biden took office. It is some welcome news for Vice ...