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U.S. consumer inflation increase in August, jobless claims surge

Name: U.S. consumer inflation increase in August, jobless claims surge
Uploaded: 2025-09-11T11:18:00-0400
Duration: 2 min 48 s
Description: The Consumer Price Index rose 2.9% in August compared to a year earlier, moving away from the Federal Reserve's 2% annual target. Jobless claims also rose to the highest level since October 2021. CBS News' Kelly O'Grady breaks it down.

The Consumer Price Index rose 2.9% in August compared to a year earlier, moving away from the Federal Reserve's 2% annual target. Jobless claims also rose to the highest level since October 2021. CBS News' Kelly O'Grady breaks it down.