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Breaking News: Inflation moderated slightly in April, though the 8.3% annual gain in U.S. consumer prices remained uncomfortably rapid.

 
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BREAKING NEWS

Inflation moderated slightly in April, though the 8.3% annual gain in U.S. consumer prices remained uncomfortably rapid.

Wednesday, May 11, 2022 8:45 AM ET

The takeaway from the fresh inflation report is a nuanced one: Inflation may be decelerating from its highest annual peak, but it is still running at around the fastest rate in four decades.

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