Inflation eased slightly last month, likely keeping the Fed on course to pause rate increases at its next meeting. The consumer-price index rose 4.9% in April from a year earlier, down from March’s 5% increase.

Inflation eased slightly last month, likely keeping the Fed on course to pause rate increases at its next meeting. The consumer-price index rose 4.9% in April from a year earlier, down from March’s 5% increase. https://ift.tt/Qd3HMgP

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