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Wednesday, Sep 28, 2022

U.S. annual consumer inflation posts largest increase since 1981

U.S. annual consumer inflation posts largest increase since 1981

U.S. annual consumer prices jumped 9.1% in June, the largest increase in more than four decades, leaving Americans to dig deeper to pay for gasoline, food, healthcare and rents, and the Federal Reserve most certain to hike interest rates by another 75 basis points at the end of the month.
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