With markets on edge over the direction of inflation, a report Thursday that often flies under the economic radar is likely to take on more importance. The Commerce Department’s measure of personal consumption expenditures prices could add to evidence that inflation is stickier than some economists and policymakers had thought. January’s reading is expected to show the cost of living still above the Federal Reserve’s target, despite nearly…
in Economy
A little-noticed inflation report in the past could get a lot of market attention on Thursday
