Inflation Eased and Markets Hit New Highs
Briefly

April prices, excluding volatile food and fuel prices, rose 3.6 percent over the previous year, marking the lowest annual increase in core inflation since early 2021.
Economists found relief in the slight dip in overall inflation, as concerns of rapid price increases eased, providing a sense of progress and alleviating fears of re-accelerating inflation.
Read at www.nytimes.com
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