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U.S. consumer prices rebound in April

  • May 12, 2017
  • no comment
  • realestatelife

Core index up 0.1%, softer than expected U.S. consumer prices rebounded in April, bolstering the Federal Reserve’s case for continued interest rate hikes. The consumer price index rose a seasonally adjusted 0.2% in April because of higher energy costs, the Labor Department said Friday. This followed a 0.3% drop in the prior month. Energy prices

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