The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges.

The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges. WASHINGTON —

The Federal Reserve is closely watching new inflation data released Friday amid concerns of a price spike and an uncertain job market.

The focus is on core inflation, which excludes the volatile costs of food and energy. The Federal Reserve has maintained higher interest rates to curb inflation, but a shaky job market may prompt a reconsideration of this approach. Latest Forecast ° F FEELS LIKE No weather data available

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