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Fed's favored inflation gauge showed consumer price growth remained elevated in December

By Fox Business February 20, 2026 Bearish
Fed's favored inflation gauge showed consumer price growth remained elevated in December
The Commerce Department released the PCE inflation report on Friday, which showed the Fed's favored inflation gauge remained elevated as consumers deal with price pressures.
The Commerce Department released the PCE inflation report on Friday, which showed the Fed's favored inflation gauge remained elevated as consumers deal with price pressures.