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Fed’s Favorite Gauge Is Seen Showing Faster Inflation

The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need for interest-rate hikes this year.

This article was originally published by Bloomberg Markets and is republished here under license.

The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need for interest-rate hikes this year.

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