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The Minneapolis-St. Paul region continues to see inflation moderating faster on a year-over-year basis compared to other parts of the country.

Inflation slowed to 4% in May, the lowest 12-month figure in over two years.

Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year's steady easing of inflation. At the same time, some measures of underlying price pressures remained high.

Inflation in the U.S. cooled last month, rising just 0.1 per cent from April to May and extending the past year's steady easing of inflation.

It was the lowest inflation read in over two years.

Tuesday's inflation figures arrive as Federal Reserve officials begin a pivotal two-day meeting

Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past years steady easing of inflation. At the same time, some measures of underlying price pressures remained high.

Washingtion - Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year's steady easing

Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year’s steady easing of inflation. At the same time, some

WASHINGTON (AP) — The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve is desperately trying to cool.