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The Fed's preferred inflation gauge just moved in the wrong direction | News

(CNN) — Inflation remained stubbornly high last month, but it hasn’t stopped Americans from spending.

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The Fed's preferred inflation gauge just moved in the wrong direction

The Fed's preferred inflation gauge just moved in the wrong direction
erienewsnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from erienewsnow.com Daily Mail and Mail on Sunday newspapers.

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The Fed's preferred inflation gauge just moved in the wrong direction | News

The Fed's preferred inflation gauge just moved in the wrong direction | News
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International Business: Tame US producer price data soothes inflation concerns

International Business: Tame US producer price data soothes inflation concerns
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US import prices rise; underlying imported inflation pressures muted

US import prices rise; underlying imported inflation pressures muted
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

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Tame US producer price data soothes inflation concerns

By Lucia Mutikani

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WRAPUP 2-Tame US producer price data soothes inflation concerns

WRAPUP 2-Tame US producer price data soothes inflation concerns
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Tame US producer price data soothes inflation concerns

Tame US producer price data soothes inflation concerns
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US price data fails to resolve rate pivot debate

The Federal Reserve’s key inflation metric mostly met expectations for February, leaving economists as divided as ever on the timing of a rate cut.

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US fourth-quarter growth revised higher; labor market still strong

WASHINGTON (Reuters) -The U.S. economy grew faster than previously estimated in the fourth quarter, boosted by strong consumer spending and business investment in nonresidential structures like factories and healthcare facilities. Increasing profits, together with rising worker productivity, could encourage companies to retain their employees. Labor market resilience is underpinning consumer spending, keeping the economy afloat despite dire predictions of a recession in the aftermath of 525 basi

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