June 19, 2024

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Gas price spike leads to rise in Consumer Price Index, possibly signaling interest rate hike

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Gas price spike leads to rise in Consumer Price Index, possibly signaling interest rate hike – CBS News


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The Consumer Price Index rose six-tenths of a percentage point in August, largely driven by a spike in gas prices. CBS News contributor Javier David has more on what the number could mean for interest rates.

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2023-09-13 10:27:41

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