US inflation rises ahead of key interest rate decision
Source: BBC
US inflation rose in August at the fastest pace since the beginning of the year ahead of a key Federal Reserve meeting where it will decide whether to cut or hold interest rates.Consumer prices 2.9% in the year to August, up from 2.7% the previous month, according to the latest figures from the US Labor Department.The US central bank has kept interest rates unchanged since last year as policymakers continued to…
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