Inflation is back knocking on the Federal Reserve's door, but this time the impact is spreading well beyond the price of gasoline.
Americans are confronting a new inflation scare that extends well beyond gasoline, according to a Fast Company report. The Core Personal Consumption Expenditures (PCE) Price Index is surging even as the economy softens, and the latest data points to a 3.3 per cent year-over-year increase, a signal that the underlying pressure of inflation is far from tapering.
