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Inflation Report Keeps Fed on Track to Continue Rate Increases
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Tuesday’s strong inflation report is likely to keep Federal Reserve officials on track to raise interest rates at their meeting in March and to signal further increases will be likely.
The recent trend of cooling inflation leveled off in January as energy, food, shelter and many other prices climbed, the Labor Department’s latest figures showed.
Read more on wsj.comAbout this in other media
Fed’s Barkin Supports Measured Pace of Interest-Rate Increases wsj.com /1 year ago
Fed’s Barkin Supports Measured Pace of Interest-Rate Increases wsj.com /1 year ago
Inflation Report Keeps Fed on Track to Continue Rate Increases wsj.com /1 year ago
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