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Maroc Maroc - WASHINGTONTIMES.COM - Business & Economy - 30/Aug 13:06

Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near

An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4 1/2 years.

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