Key read on inflation rose last month and Americans cut back on spending

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Key Read On Inflation Rose Last Month And Americans Cut Back On Spending

WASHINGTON (AP) — A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut back on their spending last month. Prices rose 2.3% in May compared with a year ago, up from just 2.1% in A ...Read more

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