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[BUSINESS]■ STORY TIMELINE

PHONE BILL SURGE PUSHES FED TOWARD RATE HIKE

A record spike in cellular service prices drove a key inflation metric above forecasts, likely securing a Federal Reserve interest-rate increase next week.

1 SOURCEFIRST SEEN SEP 11, 03:43 PM► READ THE ARTICLE
Bloomberg Tech+0m

A record jump in the price of cellular phone services helped tip a key measure of US inflation above forecasts, likely s…