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Inflation Cooling But Pressure Remains | Raleigh News

Inflation Cooling But Pressure Remains | Raleigh News

Published 4 days, 13 hours ago
Description

Inflation’s cooling trend offers some relief, with wholesale prices flat month-to-month and core inflation easing to 4.2% year-over-year — but rising gas prices and stubborn consumer costs still pinch wallets, leaving the Fed weighing whether to pause or hike rates amid signs of economic strain.

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