The Fed’s favorite inflation index is still rising fast, but shows some hints of slowing.

The Personal Consumption Expenditures price index climbed 6.6 percent from a year earlier, the quickest pace of increase since 1982.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.