41 Days
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البلاد
Source: البلاد
41 Daysالبلاد
Source: البلاد
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A report reveals a slowdown in inflation in the United States during August 2026, with consumer prices rising by 3.4% year-over-year, compared to the experts' forecast of 3.7%. On a monthly basis, prices increased by 0.3%, excluding the volatile energy and food sectors. Despite this decline, inflation remains above the Federal Reserve's 2% target, increasing the likelihood of an interest rate hike before the end of the year, as rising prices boost investor expectations of delaying the rate increase. The Personal Consumption Expenditures (PCE) index, a key inflation indicator, continues to signal ongoing pressure on prices, amidst persistent economic challenges caused by rising inflation despite strong growth and a low unemployment rate.
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