Fed inflation gauge tumbles as prices continue to drop

Fed inflation gauge tumbles as prices continue to drop

a year ago
Anonymous $oNW8tt9dEO

https://www.siliconvalley.com/2023/12/22/fed-inflation-gauge-tumbles-as-prices-continue-to-drop/

By Paul Wiseman | Associated Press

WASHINGTON — The Federal Reserve’s preferred measure of prices fell last month, another sign that inflation is easing and that Americans should benefit from reduced interest rates and get relief from painful price shocks in 2024.