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US inflation holds steady at 3.4% and reinforces expectation of interest rate hikePhoto by fotoblend on Pexels
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US inflation holds steady at 3.4% and reinforces expectation of interest rate hike

Eco11 September 2026 at 13:43

The year-on-year inflation rate in the US remained at 3.4% in August, as announced by the Bureau of Labor Statistics this Friday. This value represents stability compared to the previous month.

On a monthly basis, the price index recorded a 0.4% rise, pressured by high fuel prices. This monthly increase contributes to keeping inflation at a high level.

The data reinforces expectations that the US Federal Reserve may proceed with an interest rate hike to curb inflation. Markets are closely monitoring these indications to anticipate the next movements in American monetary policy.

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