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Market Impact: 0.55
U.S. Consumer Prices Rise 0.3% In August, Slightly Less Than Expected
Source: Nasdaq
InflationEconomic DataMonetary Policy
U.S. consumer prices rose slightly less than expected in August, according to the Commerce Department's closely watched report. The softer-than-forecast inflation reading may ease price-pressure concerns and modestly support expectations for a less restrictive Federal Reserve policy path.
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