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flag US inflation hits three-year high, prompting speculation of another Fed interest rate hike.

flag US inflation has reached its highest level in nearly three years, driven by rising costs in housing, food, and services. flag This surge has increased speculation that the Federal Reserve may raise interest rates for a third consecutive time, which could make borrowing more expensive for mortgages and loans. flag While the central bank aims to return inflation to its 2% target, economists warn that persistent inflation may force them to maintain tight monetary policy, keeping economic pressure on households.

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