Gift URL here since HN strips it: <a href="https://www.bloomberg.com/news/articles/2025-04-30/fed-s-preferred-inflation-gauge-stalls-while-spending-picks-up?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc0NjAyMzIzMiwiZXhwIjoxNzQ2NjI4MDMyLCJhcnRpY2xlSWQiOiJTVkhEMVBUMEFGQjQwMCIsImJjb25uZWN0SWQiOiJBMTc4NDk2MTA2M0M0RDBBQjdCRENDN0NCMEVERDIxRSJ9.ruNNghxe0536C1ku1MCIQ5STp58cemyrIo7JfAaUik4" rel="nofollow">https://www.bloomberg.com/news/articles/2025-04-30/fed-s-pre...</a>