Fed’s Preferred Inflation Gauge Plummets to Near Three-Year Low, But National Debt Soaring to $34 Trillion Concerns

The U.S. Federal Reserve’s preferred inflation gauge slowed to its lowest level in nearly three years last month at a time in which consumer spending has been nevertheless raising concerns that inflation may not be dropping as fast as expected concerning equity markets. As first reported by TheStreet, the Bureau of Economic Analysis reported that […] source: https://www.cryptoglobe.com/latest/2024/01/feds-preferred-inflation-gauge-plummets-to-near-three-year-low-but-national-debt-soaring-to-34-trillion-concerns/