US Consumer Spending Stalled in Sep., Inflation in Line
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Inflation ticked up in August in a troubling sign for consumers, but not enough to prevent a Federal Reserve interest rate cut next week as more alarm bells ring in the labor market. Overall ...
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Officials find themselves in a holding pattern at present, with no clear consensus on what the next move for rates should be ...
Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge.
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