Business & Finance
Fed’s favorite inflation tracker is getting an overhaul — just as the central bank weighs interest-rate hikes. What’s going on?
Key Points
The inflation tracker that exerts the biggest influence on the actions of the Federal Reserve is getting a makeover just as a divided central bank weighs whether to raise U.S. interest rates this fall.
The inflation tracker that exerts the biggest influence on the actions of the Federal Reserve is getting a makeover just as a divided central bank weighs whether to raise U.S. interest rates this fall.
[Image text:] Gasoline
Self Serve
8298
Regula
PGER
Plys
gGh8
8898
Diese
No.2
Propane
Cesar E Chavez Av
5998
Metro Local
PUBLIC
PARKING
$10.96
CCTE
Metro
FBME
FlyAway
Bus
LAX
SPEED
LIMIT
35
Natfon's Lar
can-Alr Fleet
PUTOUETS
W-AWAY
STOPPIN