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Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike

The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation doesn't soon slow.

The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation doesn't soon slow.

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Source: CoinDesk

Original report: CoinDesk

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