#Inflation hits 8.3% in August as Fed mulls super-size rate hike

#Inflation hits 8.3% in August as Fed mulls super-size rate hike

“Inflation hits 8.3% in August as Fed mulls super-size rate hike” US inflation rose by a higher-than-expected 8.3% in August despite falling gasoline prices — adding pressure on the Federal Reserve as it decides whether to impose another super-size interest rate hike. The August reading of the Labor Department’s Consumer Price Index, a closely watched…

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