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US inflation ends its streak of declines in August and puts pressure on the Fed

Date: April 17, 2024 Time: 09:02:42

The inflation rate in the United States rose five tenths in August and stood at 3.7%, according to the United States Bureau of Labor Statistics, a key fact for the next decision of the Federal Reserve (Fed) to continue raising the rates. types or take a break.

This is the second consecutive month that prices have risen year-on-year, after a streak of more than a year of declines. In monthly terms, consumer prices rose six tenths compared to July.

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Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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