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Key inflation gauge remains elevated during Iran war and ongoing US trade fights

Key inflation gauge remains elevated during Iran war and ongoing US trade fights
Photo: KSAT 12 (ABC affiliate) · view original

An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs. The Commerce Department's Wednesday report showed that prices rose 3.7% in July compared with a year earlier. Inflation has worsened...

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