Inflation gauge favored by Fed showed prices grew

Inflation is easing, but another alarm bell is ringing about the US economy
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another potential red flag for the US economic engine: Consumers pulled back their spending by the most in nearly four years.
Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, slightly lower than the previous reading of 2.6 percent but still well above the Fed’s 2 percent target. On a monthly basis, prices increased 0.3 percent, in line with December’s pace.
Inflation gauge favored by Fed showed prices grew as expected in January
The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' expectations in January as the inflation fight continues.
Inflation Eased. Why It Isn’t a Sigh of Relief for the Fed or Consumers.
The year-over-year gain in the Fed’s preferred measure of inflation was in line with economists’ expectations and slowed from December’s 2.6% annual jump. The monthly readin
Fed inflation gauge indicates big changes in key economic driver
The Federal Reserve's preferred inflation gauge eased modestly last month, but personal-spending figures showed one of the biggest pullbacks in more than a year, suggesting further weakness in the domestic economy.
Inflation didn’t get any worse. When will it start going down again?
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.
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