More War-Driven Inflation Seen in Fed’s Favored GaugePosted by MarketsWireThe Federal Reserve’s favored top-line inflation gauge is rapidly approaching 4% as a war-driven spike in energy costs generates unease that price pressures will broaden.1 repliestomspark wrote:War-driven inflation is real, but the Fed's gonna have a hard time jawboning this one without actually raising rates. Energy spikes don't care about forward guidance.