The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months that ended in February.
Sam Bankman-Fried was sentenced to 25 years in federal prison last week for defrauding customers and investors in his failed crypto exchange FTX. He was also ordered to repay more than $11 billion, a sentence that will likely financially incapacitate him for the rest of his life.
On Wednesday, Fed Governor Chris Waller said he was in no rush to cut rates, and that he was waiting to see Friday’s data. Let’s go over Wallers’ speech and…
US inflation ticked higher last month, reversing some recent progress ktvz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktvz.com Daily Mail and Mail on Sunday newspapers.
US inflation ticked higher last month, reversing some recent progress - LocalNews8 com localnews8.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from localnews8.com Daily Mail and Mail on Sunday newspapers.