The Fed’s favorite inflation measure rose 4.9% in April in a sign that price increases could be slowing - CNBC

The Fed's preferred inflation gauge rose 4.9% in April from a year ago, a still-elevated level that nonetheless indicated that price pressures could be easing a bit.

The Federal Reserve's preferred inflation gauge rose 4.9% in April from a year ago, a still-elevated level that nonetheless indicated that price pressures could be easing a bit, the Commerce Departme… [+2583 chars]

full article...