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Business & Finance

Elevated Inflation Keeps Pressure on Fed to Raise Rates

Key Points

October’s Consumer Price Index report showed a broadening of price pressures that has stoked concerns about the Federal Reserve’s grip on inflation.

October’s Consumer Price Index report showed a broadening of price pressures that has stoked concerns about the Federal Reserve’s grip on inflation.
Fed (ORG) the Federal Reserve’s (ORG)
Originally published by NYT Business Read original →