Key Fed inflation gauge hits 6.4%

Key Fed inflation gauge hits 6.4% - the highest in FORTY YEARS - as soaring gas and food prices force families to cut back on spending

The PCE index soared 6.4% in the 12 months through February

Alternative measure of inflation is the one the Fed prefers to track prices

Consumer spending slowed significantly last month amid rising prices

Soaring gas and food prices are forcing consumers to cut back other spending

Prices have dramatically increased across the board, with food, appliances, and rent all rising sharply.

https://www.dailymail.co.uk/news/article-10672767/Feds-prefe…

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Key Fed inflation gauge hits 6.4% - the highest in FORTY YEARS

TARP, easing, clunkers, etc. coming home to roast.

The Captain
knows how to spell roost

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