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Consumer Prices Rose Even Faster Last Month—Here's What That Means For The Next Interest Rate Hikes

Por: Forbes Business October 28, 2022

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Topline A key inflation reading on Friday showed the prices consumers are paying for goods and services rose more quickly in September than one month prior—effectively bolstering the Federal Reserve's case for another mega-sized interest rate hike in November but keeping the door open for officials to downsize the hikes thereafter. Meanwhile, the personal savings rate fell to the lowest point since April 2008. getty Key Facts The personal... + full article



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