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September 11, 2024 • Consumer prices in August have been up 2.5% from a year in the past — the smallest annual enhance since February 2021. Falling inflation clears the greatest way for the Federal Reserve to start slicing interest rates subsequent week — probably by 1 / 4 proportion point. U.S. client prices increased Business News modestly in August, continuing a trend of slowing inflation that has brought the annual fee to its lowest stage since February 2021. According to the newest data from the Bureau of Labor Statistics, the Consumer Price Index rose by zero.2% for the month, …

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