The Fed’s go-to inflation gauge just heated up again

The Federal Reserve’s preferred inflation gauge moved slightly higher in November but not as much as economists were expecting. However, President-elect Donald Trump’s pledge to roll out economic policies like mass deportation and massive tariffs threaten to push up the cost of living.

​ The Federal Reserve’s preferred inflation gauge moved slightly higher in November but not as much as economists were expecting. However, President-elect Donald Trump’s pledge to roll out economic policies like mass deportation and massive tariffs threaten to push up the cost of living. Read More Breaking News, Latest News and Videos | CNN