The Fed’s main inflation gauge is climbing—and analysts blame Taylor Swift ...Middle East

The Federal Reserve’s preferred inflation metric inched 0.3% higher in September, but its annual pace of 3.7% is lower than August’s 3.8%, according to a Bureau of Economic Analysis (BEA) report released today (Oct. 27). While it’s the lowest reading in two years, it remains above the Fed’s 2% target.Read more...

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