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Yeshiva World News · Sep 11, 2026

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U.S. inflation came in at 3.4% in August, unchanged from July and matching expectations, according to Labor Department data released Friday. Gasoline prices remained elevated, while diesel hit a record $6.06 a gallon, compared with $3.71 a year ago. The continued inflation comes as the Federal Reserve prepares to decide on interest rates next week, with markets pricing in roughly a one-in-three chance of a quarter-point rate increase.

U.S. inflation came in at 3.4% in August, unchanged from July and matching expectations, according to Labor Department data released Friday. Gasoline prices remained elevated, while diesel hit a record $6.06 a gallon, compared with $3.71 a year ago. The continued inflation comes as the Federal Reserve prepares to decide on interest rates next week, with markets pricing in roughly a one-in-three chance of a quarter-point rate increase.

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