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Beef prices surge, pushing inflation to its highest since January, challenging Fed’s rate decisions.
Inflation rose to its highest level since January, driven largely by a sharp increase in beef prices, according to the latest consumer price data released Thursday.
The surge in meat costs contributed significantly to the overall rise in the inflation rate, marking a setback in recent efforts to stabilize prices.
Economists warn that persistent food inflation could pressure the Federal Reserve’s monetary policy decisions in the coming months.
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Los precios de la carne de res aumentan, empujando a la inflación a su nivel más alto desde enero, desafiando las decisiones de tasas de la Fed.