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Inflation in the US continued to cool last month, despite rising rents, clearing the way for the US central bank to cut interest rates.
Consumer prices rose 2.5% over the 12 months to August, as prices for petrol, used cars and trucks, and some other items fell.
Inflation was down from 2.9% in July and marked the slowest pace since February 2021.
Analysts said the figures should help convince the Federal Reserve that high borrowing costs are working to return inflation – the pace at which prices rise – back to normal.
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