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Inflation rises again and keeps pressure on Fed

The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose sharply in August, underscoring why the central bank raised interest rates earlier this month for the first time in three years.

MarketWatchSeptember 30, 20261 min read

Inflation rises again and keeps pressure on Fed

The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose sharply in August, underscoring why the central bank raised interest rates earlier this month for the first time in three years.

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