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An inflation gauge tracked by Fed accelerated in January

Customers walk around the Walmart Supercenter, Thursday, Feb. 9, 2023, in North Bergen, N.J. On Friday, the Commerce Department issues its January report on consumer spending. (AP Photo/Eduardo Munoz Alvarez) Customers walk around the Walmart Supercenter, Thursday, Feb. 9, 2023, in North Bergen, N.J. On Friday, the Commerce Department issues its January report on consumer spending. (AP Photo/Eduardo Munoz Alvarez) Customers walk around the Walmart Supercenter, Thursday, Feb. 9, 2023, in North Bergen, N.J. On Friday, the Commerce Department issues its January report on consumer spending. (AP Photo/Eduardo Munoz Alvarez) Big-screen televisions are displayed in a Costco warehouse Monday, Feb. 21, 2023, in Sheridan, Colo. On Friday, the Commerce Department issues its January report on consumer spending. (AP Photo/David Zalubowski)
An inflation gauge tracked by Fed accelerated in January