A WORKER SCANS onions, limes, and other produce inside the Walmart Supercenter in North Bergen, N.J. A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year. / ASSOCIATED PRESS FILE PHOTO / MUNOZ ALVAREZ
WASHINGTON (AP) – A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year. The index, which excludes volatile food and energy costs to capture "core" prices, rose…