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Amara Omeokwe and Nick Timiraos: U.S. Inflation Accelerated in August as Gasoline Prices Jumped
Mild price pressures excluding energy keep Fed on track to pause rate increases next week. Consumer prices rose in August at the fastest pace in more than a year due to a jump in energy costs, illustrating the potential obstacles to wringing inflation out of the economy without a sharper slowdown. The consumer-price index, a closely
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Posted: September 13, 2023 Wednesday 04:35 PM