Fed’s Preferred Inflation Gauges Seen Running Hot
The Federal Reserve’s preferred inflation gauges this week, along with a groundswell of consumer spending, are seen fomenting debate among central bankers on the need to adjust the pace of interest-rate increases.
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### Instruction: Fed’s Preferred Inflation Gauges Seen Running Hot

### Response: The Federal Reserve’s preferred inflation gauges this week, along with a groundswell of consumer spending, are seen fomenting debate among central bankers on the need to adjust the pace of interest-rate increases.