The Federal Reserve opted to maintain interest rates between 3.75 percent and 4 percent during its recent meeting, a decision supported by analysis suggesting that recent inflation was primarily driven by energy costs rather than widespread economic pressure.

The Federal Reserve opted to maintain interest rates between 3.75 percent and 4 percent during its recent meeting, a decision supported by analysis suggesting that recent inflation was primarily driven by energy costs rather than widespread economic pressure.

Core inflation, which excludes volatile food and energy prices, rose to 8.7% year-over-year in August, up from 8.4% in July.

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