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US consumer inflation eases slightly in April, in good news for Biden

US consumer inflation eased slightly last month, according to government data published Wednesday, in a positive sign for President Joe Biden ahead of November s election. ....

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US inflation runs hotter than expected, boosting chances of Federal Reserve hold

With inflation still well above the Federal Reserve’s 2 per cent target level, financial markets are now betting that the Fed will keep rates steady. ....

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