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What the New Inflation Report Means for Your Wallet

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The Consumer Price Index (CPI), which measures the amount paid for consumer goods and services (and tracks the changes in what is paid), is an extraordinarily useful barometer for measuring the inflation levels in America, as well as potentially predicting where those inflation rates may go if left unchecked.

Recently, analysts were surprised to learn via the CPI that inflation increased at a higher than expected level in August. Find out below what this means for your finances.

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