Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.
Source: MarketWatch ·
Even though the Federal Reserve temporarily put its inflation fight on hold this week, the cost of living rose sharply again last month in a sign the central bank’s work is far from done.
Read the full story at MarketWatch
Shared from the GodsView world desk: live wires next to a globe of flights, ships, fires, and quakes.