Fed’s Preferred Inflation Measure Reaches Fastest Pace Since 1983

Wall Street Journal, Feb. 25, 2022–Gwynn Guilford (subscription)
The Federal Reserve’s preferred measure of inflation hit a new 38-year high in January, as strong consumer demand and pandemic-related supply constraints propelled price gains.
https://www.wsj.com/articles/feds-preferred-inflation-measure-reaches-fastest-pace-since-1983-11645799601?mod=hp_major_pos1#cxrecs_s