A surge in the cost of fuel pushed up us Consumer Prices by 0. 6 , but if you strip out the volatile cost of food and fuel, the underlying rate was half that, coming in at 0. 3 . It could give Americas Central Bank some breathing room, encouraging the Federal Reserve to keep Interest Rates on hold next wednesday. Lets speak live to our north America Business correspondent, erin delmore. What do these figures tell us about the state of the us economy . Weill. The state of the us economy . Well, we are seeing the state of the us economy . Well, we are seeing the the state of the us economy . Well, we are seeing the second the state of the us economy . Vii we are seeing the second straight monthly rise in the Consumer Price index here, and that matters because the fed is meeting next week. This is in fact the last day dump they are going to get before they get together and everybody is holding their breath to see whether the fed will continue its campaign of Interest Rate rises or whether
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