Fed-Favored Inflation Gauge Seen Rising Most in a Year
(Bloomberg) -- Underlying US inflation probably rose in January by the most in a year, as tracked by the Federal Reserve’s preferred metric, highlighting the long and bumpy path to taming price pressures.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniZelenskiy Says 31,000 Troops Killed as Ukraine Seeks US Aid Decision Within MonthNorwegian Cruise Ship Halted at Mauritius Due to OutbreakJack Ma-Backed Ant Outbids Citadel Securities for Credit Suisse’s China JV