Rise in U.S. Inflation Likely to Keep Fed Cautious on Pace of Rate Cuts (Colby Smith/New York Times)
Colby Smith / New York Times:
Rise in U.S. Inflation Likely to Keep Fed Cautious on Pace of Rate Cuts — The central bank is likely to lower borrowing costs at its meeting next week amid budding concerns about the labor market. — U.S. inflation accelerated in August at a speed that is likely to keep the Federal Reserve cautious …
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