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Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike

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Fed raises rates by 25 basis points in first hike since July 2023

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U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%

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U.S. added stronger than expected 162,000 jobs in August as labor market bounced back

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