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The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
It's normal for some prices to rise at a much faster pace than overall inflation, said Omar Sharif, founder and president of ...
Food inflation in April tapered by 20 bps to 2.8%. Downward pressure came from cereals, meat, and dairy products; offset by a ...
U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the ...
The US Fed decided to keep the key benchmark interest rates unchanged at the range of 4.25% to 4.5% on Wednesday, May 7.
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