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HomeBusinessUS Core Inflation Rises 0.3% in August as Fed Rate-Hike Odds Surge...

US Core Inflation Rises 0.3% in August as Fed Rate-Hike Odds Surge to 90%

US consumer prices rose more sharply than expected in August, strengthening expectations that the Federal Reserve could increase interest rates at its policy meeting next week. Data released by the Bureau of Labor Statistics on Friday showed that the core consumer price index, which excludes volatile food and energy costs, increased 0. 3% from the previous

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