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Inflation data to show if prices fell amid Fed rate hikes

Por: ABC News Business October 13, 2022

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Consumers on Main Street and investors on Wall Street will closely watch the release of inflation data on Thursday. The latest data arrives weeks after the Federal Reserve its fight against inflation with a third consecutive rate increase.The median forecast in a of economists predicts consumer price inflation for the year ending in September declined to 8.1%. While that figure remains elevated, it would mark a decline from 8.3% in August and... + full article



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