diff --git a/.changes/1.34.54.json b/.changes/1.34.54.json
new file mode 100644
index 0000000000..731d58d2db
--- /dev/null
+++ b/.changes/1.34.54.json
@@ -0,0 +1,17 @@
+[
+  {
+    "category": "``accessanalyzer``",
+    "description": "[``botocore``] Fixed a typo in description field.",
+    "type": "api-change"
+  },
+  {
+    "category": "``autoscaling``",
+    "description": "[``botocore``] With this release, Amazon EC2 Auto Scaling groups, EC2 Fleet, and Spot Fleet improve the default price protection behavior of attribute-based instance type selection of Spot Instances, to consistently select from a wide range of instance types.",
+    "type": "api-change"
+  },
+  {
+    "category": "``ec2``",
+    "description": "[``botocore``] With this release, Amazon EC2 Auto Scaling groups, EC2 Fleet, and Spot Fleet improve the default price protection behavior of attribute-based instance type selection of Spot Instances, to consistently select from a wide range of instance types.",
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 4ebf84eb73..9e50d92603 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,14 @@
 CHANGELOG
 =========
 
+1.34.54
+=======
+
+* api-change:``accessanalyzer``: [``botocore``] Fixed a typo in description field.
+* api-change:``autoscaling``: [``botocore``] With this release, Amazon EC2 Auto Scaling groups, EC2 Fleet, and Spot Fleet improve the default price protection behavior of attribute-based instance type selection of Spot Instances, to consistently select from a wide range of instance types.
+* api-change:``ec2``: [``botocore``] With this release, Amazon EC2 Auto Scaling groups, EC2 Fleet, and Spot Fleet improve the default price protection behavior of attribute-based instance type selection of Spot Instances, to consistently select from a wide range of instance types.
+
+
 1.34.53
 =======
 
diff --git a/boto3/__init__.py b/boto3/__init__.py
index d18db3ffd0..8fa59c313c 100644
--- a/boto3/__init__.py
+++ b/boto3/__init__.py
@@ -17,7 +17,7 @@
 from boto3.session import Session
 
 __author__ = 'Amazon Web Services'
-__version__ = '1.34.53'
+__version__ = '1.34.54'
 
 
 # The default Boto3 session; autoloaded when needed.
diff --git a/setup.cfg b/setup.cfg
index e5cfde681e..e9c17110a8 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-    botocore>=1.34.53,<1.35.0
+    botocore>=1.34.54,<1.35.0
     jmespath>=0.7.1,<2.0.0
     s3transfer>=0.10.0,<0.11.0
 
diff --git a/setup.py b/setup.py
index 7465602387..55e4b3fa34 100644
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@
 
 
 requires = [
-    'botocore>=1.34.53,<1.35.0',
+    'botocore>=1.34.54,<1.35.0',
     'jmespath>=0.7.1,<2.0.0',
     's3transfer>=0.10.0,<0.11.0',
 ]