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Summary by aletihad.ae
A man and woman shop at a mall in Woodstock, Georgia, amid economic data showing that personal consumption expenditures in the United States rose 2.4 percent from a year earlier, a key variable in driving inflation. Excluding food and fuel costs, which tend to be volatile from month to month, core inflation was 2.8 percent, in line with previous readings by the Federal Reserve and perhaps slightly lower than economists had expected. Fed official…
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