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Hot U.S. inflation hasn’t cooled off. Rising consumer prices to keep Fed rate hike on track.

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MarketWatch Top Stories
By Jeffry Bartash
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Hot U.S. inflation hasn’t cooled off. Rising consumer prices to keep Fed rate hike on track.
Photo / Coverage: MarketWatch Top StoriesCredit: Jeffry Bartash
EXECUTIVE SUMMARY

Rising prices point to the Fed increasing borrowing costs before Christmas.

Key Takeaways

  • inflation hasn’t cooled off.
  • Rising consumer prices to keep Fed rate hike on track..
  • Rising prices point to the Fed increasing borrowing costs before Christmas.

Rising prices point to the Fed increasing borrowing costs before Christmas.

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