US Inflation Falls to 3.4% in April, Core Inflation Rises Again
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#5eb626c0 ver:0.86

US inflation fell to 3.4% in April, with core inflation rising to 2.6%. Rising prices for used cars and trucks, as well as housing costs, drove the increase in core inflation. The Federal Reserve is closely monitoring these reports to inform their interest rate decisions. The decline in overall inflation was driven by lower energy prices. The Fed expects inflation to reach its 2% target but lacks confidence in that forecast. The question of whether inflation is stuck at an elevated level is a major concern for the US economy. #inflation #economy #FederalReserve...

#newstr #UsInflation #FederalReserve #InterestRateCut #ConsumerPriceIndex #ProducerPriceIndex #JoeBiden #LaborMarket 

 https://here.news/story/5eb626c0?ver=0.86