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KEY INFLATION GAUGE COMES IN HIGHER THAN EXPECTED
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KEY INFLATION GAUGE COMES IN HIGHER THAN EXPECTED

Despite the Federal Reserve raising interest rates five times this past year, inflation continues to be much higher than the central bank’s 2 percent target. The Personal Consumption Expenditures inflation measure, which was released Friday, showed the index rose last month by 6.2 percent from a year ago, which was slightly down from 6.4 percent...

‘PREPOSTEROUS’ TO THINK U.S. WOULD BE BEHIND NORD STREAM SABOTAGE: NED PRICE
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‘PREPOSTEROUS’ TO THINK U.S. WOULD BE BEHIND NORD STREAM SABOTAGE: NED PRICE

Ned Price, the State Department spokesman, brushed off the Russian “disinformation” blaming the U.S. of sabotaging the Nord Stream 1 and 2 pipelines in the Baltic Sea. The North Atlantic Treaty Organization, or NATO, warned that the sabotage “would be met with a united and determined response.” Price, who has worked as a senior analyst...

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