Thursday, July 12, 2007

Fed's Yellen: Core inflation best gauge of price gains

(Reuters) - She said core inflation was "a better forward looking measure for total inflation."




The Fed has kept U.S. interest rates at 5.25 percent for just over a year, and has said price pressures have eased a bit, though upside risks remain its main concern.


Read more at Reuters.com Business News

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