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Price Hikes Ease in May, Raising Hopes in Battle on Inflation

The Consumer Price Index rose 3.3% on an annual basis in May and showed no change on a monthly basis, according to government data released Wednesday. The numbers beat analyst expectations, providing more evidence that inflation is easing its grip on the U.S. economy, albeit more slowly than most people would like to see. The core rate of inflation, which strips volatile food and fuel prices, rose 3.4% on an annual basis — the smallest increase since April 2021. On a monthly basis, core CPI rose ....

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High oil prices are biggest threat to economy

Moody s Chief Economist says that the surge in oil prices is the most serious threat to the economy. ....

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Joe Biden Is Right. Why Investors Should Embrace a Strong Economy in 2024.

Investors can relax. The Joe Biden economy is strong and still making progress, regardless of what Donald Trump says. ....

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Biden says U.S. economy is world's best. Trump calls it a 'cesspool.' Data is clear. – NBC 5 Dallas-Fort Worth

U.S. GDP significantly outpaced countries like Japan and Canada last year, the International Monetary Fund estimated in January. ....

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Biden: U.S. economy world's best; Trump claims 'cesspool.' Data is clear

U.S. GDP significantly outpaced countries like Japan and Canada last year, the International Monetary Fund estimated in January. ....

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