The Federal Reserve's preferred inflation gauge showed prices rose at a slower pace last month, indicating further progress in the central bank's battle with higher prices. Milk is pictured at a supermarket in New York City on December 14.
Mandatory Credit: Yuki Iwamura/AFP/Getty Images
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Prices rose at a slower pace last month, the Fed's favored inflation gauge shows
The Federal Reserve's preferred inflation gauge showed prices rose at a slower pace last month, indicating further progress in the central bank's battle with higher prices.
