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US Inflation Surges, Federal Reserve Eyes Final Rate Hike in 2025

Business1 min read
US Inflation Surges, Federal Reserve Eyes Final Rate Hike in 2025

The US economy is experiencing renewed inflation pressure as consumer prices rose by 0.4% in September. The Federal Reserve has signaled the implementation of the last interest rate hike by the end of 2025 to slow down housing growth and stabilize the dollar amidst rising oil prices.

Plus234Feed summary based on reporting from Uhurutimes. Read the original report below.

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