While inflation slowed to just 4%, year-over-year, and just 0.1% between April and May, the U.S. is not out of the woods yet when it comes to higher prices plaguing grocery stores and other retail.
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The U.S. Federal Reserve decided not to hike interest rates at its June Federal Open Market Committee Meeting. He called the move a "skip," noting that the Fed may or may not raise rates in the.