Inflation Jump Is Likely More Muted in Fed's Preferred Gauge

Inflation Jump Is Likely More Muted in Fed's Preferred Gauge

(Bloomberg) -- The surprise jump in the January consumer price index probably will be less pronounced in the Federal Reserve’s preferred inflation gauge and potentially less alarming to central bank officials as they weigh when to cut interest rates.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillWall Street Roiled by ‘Still Sticky’ CPI Signals: Markets WrapPutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s B

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