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Fed's preferred inflation gauge shows a modest rise in latest sign of slowing price increases

apnews.com Fed's preferred inflation gauge shows a modest rise in latest sign of slowing price increases

An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September.

Fed's preferred inflation gauge shows a modest rise in latest sign of slowing price increases
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