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The Nexus
BUSINESSJul 22 · 15:44 UTCMARKETWATCHJeffry Bartash

Fed’s favorite inflation tracker is getting an overhaul — just as the central bank weighs interest-rate hikes. What’s going on?

The inflation tracker most influential to the Federal Reserve is undergoing changes as the central bank considers potential interest-rate hikes this fall. The central bank is divided on whether to increase U.S. interest rates.

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