Fed Inflation Fight Grows More Unstable as Price Pressure Builds
A key inflation measure favored by new Federal Reserve Chair Kevin Warsh cooled again in April, even as Americans continue dealing with stubbornly high prices and Fed officials grow more divided over whether inflation is actually easing. The Dallas Fed’s trimmed mean inflation gauge showed year-over-year inflation at 2.3% in April, down from 2.4% in…
