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US Fed chair says inflation is elevated and ‘concerning’

   2026-08-28 FMT 32
Core Tip: The US Federal Reserve has seen inflation remain above its long-term 2% target for more than five years, with the latest reading of its preferred gaug

US Fed chair says inflation is elevated and ‘concerning’

The US Federal Reserve has seen inflation remain above its long-term 2% target for more than five years, with the latest reading of its preferred gauge coming in at 3.7% this week.
 
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