Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates

The annual inflation rate in August continued to inch towards 2%, the target inflation rate the Federal Reserve has set, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).

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Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates

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Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates

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