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Inflation surges, making further Fed rate hikes likely and increasing borrowing costs.
A surge in inflation data has made further interest rate hikes by the Federal Reserve almost certain, increasing financial strain on consumers and businesses.
The latest figures show prices rising faster than expected, prompting economists to warn that higher borrowing costs will likely persist.
This development raises concerns about economic growth and consumer spending in the coming months.
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La inflación aumenta, por lo que es probable que la Reserva Federal aumente aún más los tipos de interés y aumente los costos de los préstamos.