Lunch time at Leven Deli Co. in Denver on January 31.
Mandatory Credit: Hyoung Chang/The Denver Post/Getty Images via CNN Newsource
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Fed’s favored inflation gauge eases to slowest pace in more than two years
Rising prices continued to loom large in January, but new data released Thursday showed that inflation is still on a downward — albeit bumpy — path toward the Federal Reserve’s 2% target.

