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PBS News Hour
Inflation remains high, raising fears of interest rate hikes
The August inflation report is out and the U.S. Labor Department says overall consumer prices rose 8.3% from a year ago. That's slightly lower than July's increase, but amid fears of more interest rate hikes, it led to Wall Street's worst day since June 2020. Economist Julia Coronado of MacroPolicy Perspectives joined Judy Woodruff to discuss.
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This episode is the July 19, 2023 broadcast.
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