A person goes through a note pad while shopping for items at a Costco Wholesale store on September 6 in Colchester, Vermont.
Mandatory Credit: Robert Nickelsberg/Getty Images
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US consumer prices continued to rise last month — but the Fed probably won’t raise rates
US inflation accelerated in August for the second-straight month, pushed up by rising gas prices. However, core inflation, which strips out volatile food and energy prices, continued to slow, according to data from the Bureau of Labor Statistics released Wednesday.
