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The core rate, stripping out those volatile elements such as fuel and rents, fell to 3. 8 from 3. 9 injanuary, but that was still higher than the 3. 7 expected. This latest data suggests there is still some stickiness with inflation that will be scrutinised by the Federal Reserve as it weighs up a highly anticipated Interest Rate cut injune. Lets head over to new york and speak to our north America Business correspondent michelle fleury. Not michelle fleury. A huge rise but not heading in the not a huge rise but not heading in the right direction . The right direction . People were hoinu to the right direction . People were heping to see the right direction . People were hoping to see more the right direction . People were hoping to see more evidence hoping to see more evidence that prices were cooling and moving in th ....