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News Wire / economy

US Inflation Hits Four-Year High Of 3.5%

NPR Washington D.C. 12d Impact 5
US inflation rose to 3.5% this week, marking its highest level in four years. Rising gas prices are cited as a driver of this increase. The Federal Reserve voted on Wednesday to keep the main interest rate unchanged.

Topics

inflation Federal Reserve gas prices

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Sources · 7 independent

NPR

“Inflation rose to its highest mark in four years this week, 3.5%. Rising gas prices are a big part of it because there's such a key input to the rest of the economy.”

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