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Microsoft News
Lucia Mutikani
US consumer inflation accelerates; weekly jobless claims approach four-year high
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for jobless benefits last week kept the Federal Reserve on track to cut interest rates next Wednesday. The larger-than-expected rise in the Consumer Price ...
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