The Fed’s preferred measure of inflation surged again in October amid rising food and energy prices.

By BY MADELEINE NGO AND ANA SWANSON from NYT Business https://ift.tt/30PyJtf
via IFTTT The Fed’s preferred measure of inflation surged again in October amid rising food and energy prices. Prices climbed by 5 percent in the 12 months through October, according to Personal Consumption Expenditures price index data released Wednesday. BY MADELEINE NGO AND ANA SWANSON https://ift.tt/30PyJtf https://ift.tt/3l8kSW6 New York Times Business United States Economy, Prices (Fares, Fees and Rates), Inflation (Economics), United States Politics and Government, Stimulus (Economic), Polls and Public Opinion, Consumer Behavior November 24, 2021 at 11:35PM