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If giving consumers the "latest fashion trends" every 13 days sounds too good to be true, that's because it is. The long-term effects of supporting fast fashion are similar in some ways to consuming fast food. It encourages dangerous circumstances for people and the earth alike. Forced labor is common, and it produces higher carbon emissions than the alternatives. Try shopping at Portland's countless second-hand shops for a similar price, or scope the boutiques—more on that later.

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Separately, the core PCE Price Index increased 0.1% in July ( consensus +0.1%), showing a year-over-year increase of 1.6%. Read More The inflation data failed to convince investors that more than one fed funds rate hike is warranted this year. The implied probability of a rate hike at the September meeting ticked down to 30.0%, slipping from Friday's 33.0% likelihood. Fed funds futures were on the rise last week following somewhat hawkish remarks from the Jackson Hole Symposium. Fed Chair Yellen stated that the case for a rate hike had strengthened in recent months while Fed Vice

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