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Euronews
Euronews
Quirino Mealha

US inflation holds at 3.4% as monthly price rises hit fastest pace since May

The last major data point before the Fed meets has arrived, and it arrived while Americans were paying record prices at the pump.

The US Bureau of Labor Statistics reported on Friday afternoon that the annual rate held steady, with core inflation, which strips out food and energy, easing to 2.4% from 2.5%.

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