tldr; A key inflation measure showed that prices rose at their fastest level in nearly 39 years in January, according to the US Commerce Department on Friday. The core personal consumption expenditures price index, the Federal Reserve’s primary inflation gauge, rose 5.2% from a year ago, slightly more than the 5.1% Dow Jones estimate. It was the highest level since April 1983.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.