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Inflation rises 3.4% in August in last report before Fed's interest-rate decision
Source: nypost.com
InflationEconomic DataMonetary Policy
US CPI rose 3.4% year over year, unchanged from July and remaining well above the Federal Reserve's 2% inflation target. Monthly inflation increased 0.4%, underscoring persistent price pressures that could constrain the pace of Fed policy easing.
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