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2:13
Yahoo
Will inflation, jobless claims put a damper on a Fed rate cut?
August's Consumer Price Index (CPI) reported that inflation rose by 0.4% month-over-month and 2.9% year-over-year. Additionally, core CPI — which excludes food and energy prices — rose by 0.3% monthly and 3.1% annually, both figures in line with economist forecasts. Yahoo Finance senior Fed reporter Jennifer Schonberger puts the inflation ...
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