diff --git a/.changes/1.34.8.json b/.changes/1.34.8.json
new file mode 100644
index 0000000000..4ebd2e9f5e
--- /dev/null
+++ b/.changes/1.34.8.json
@@ -0,0 +1,12 @@
+[
+  {
+    "category": "``iam``",
+    "description": "[``botocore``] Documentation updates for AWS Identity and Access Management (IAM).",
+    "type": "api-change"
+  },
+  {
+    "category": "``endpoint-rules``",
+    "description": "[``botocore``] Update endpoint-rules client to latest version",
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 1b410decb5..95e599ad59 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,13 @@
 CHANGELOG
 =========
 
+1.34.8
+======
+
+* api-change:``iam``: [``botocore``] Documentation updates for AWS Identity and Access Management (IAM).
+* api-change:``endpoint-rules``: [``botocore``] Update endpoint-rules client to latest version
+
+
 1.34.7
 ======
 
diff --git a/boto3/__init__.py b/boto3/__init__.py
index ee7f5b94f1..2b12d8c0cb 100644
--- a/boto3/__init__.py
+++ b/boto3/__init__.py
@@ -17,7 +17,7 @@
 from boto3.session import Session
 
 __author__ = 'Amazon Web Services'
-__version__ = '1.34.7'
+__version__ = '1.34.8'
 
 
 # The default Boto3 session; autoloaded when needed.
diff --git a/setup.cfg b/setup.cfg
index 4c7879613e..3e1d127a65 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-    botocore>=1.34.7,<1.35.0
+    botocore>=1.34.8,<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 43ba83c04b..6daa946c38 100644
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@
 
 
 requires = [
-    'botocore>=1.34.7,<1.35.0',
+    'botocore>=1.34.8,<1.35.0',
     'jmespath>=0.7.1,<2.0.0',
     's3transfer>=0.10.0,<0.11.0',
 ]