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Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed
Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.
Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.
The U.S. economy witnessed a hefty increase of 336,000 new jobs last month, marking the strongest job growth since January, according to the latest report by the Bureau of Labor Statistics.