U.S. inflation rises again and keeps the 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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Other reports of this story
- U.S. inflation rises, keeping pressure on Fed marketwatch.com
- PCE inflation rises 0.3%: What latest US inflation data means for Fed's next rate hike hindustantimes.com
