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The Nexus
BUSINESSMay 23 · 20:00 UTCBLOOMBERGVince Golle, Craig Stirling

More War-Driven Inflation Seen in Fed’s Favored Gauge

The Federal Reserve's preferred inflation gauge shows rising prices driven by ongoing conflicts, with gasoline prices highlighted as a key factor. AAA projects a record 45 million travelers for the Memorial Day weekend, indicating sustained demand despite economic pressures.

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Federal ReserveorganizationExxonorganizationWashington, DCplaceAAAorganizationMemorial Daytopicgasolinetopic
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