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More War-Driven Inflation Seen in Fed’s Favored Gauge

The Federal Reserve’s favored top-line inflation gauge is rapidly approaching 4% as a war-driven spike in energy costs generates unease that price pressures will broaden.

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

The Federal Reserve’s favored top-line inflation gauge is rapidly approaching 4% as a war-driven spike in energy costs generates unease that price pressures will broaden.

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