U.S. inflation eased to 8.3% in August as gasoline prices cooled
Markets have surged as investors price in a soft landing for the U.S. economy and the end of peak inflation. But that all could be threatened if the dollar continues to weaken. WSJ’s Dion Rabouin explains.
Illustration: David FangU.S. consumer prices overall rose more slowly in August from a year earlier, but increased sharply from the prior month after excluding volatile food and energy prices, showing that inflation pressures remained strong and stubborn.
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