Policymakers on each side of the Atlantic are likely to take comfort this week from a slowdown taking hold in key underlying measures of consumer-price growth. In the US, the annual core metric that strips out food and energy from the Federal Reserve’s preferred inflation measure may have fallen below 4% in August for the first time in nearly two years. Meanwhile the euro region’s own annual gauge of underlying price growth is expected to have slowed to 4.8% in September — a 12-month low. Such coinciding evidence would reassure officials from the Fed and the European Central Bank after a week when each signaled ... (full story)