US consumer prices increased solidly in April
WASHINGTON – U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained strong as used motor vehicle prices rebounded, potentially ensuring that the Federal Reserve keeps interest rates elevated for a while. The Consumer Price Index (CPI) rose 0.4 percent last month after gaining 0.1 percent in March, the … Continue reading US consumer prices increased solidly in April
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