US inflation accelerated in April as rising gasoline and grocery costs pushed prices higher than wage growth. President Donald Trump said the inflation spike is only "short term" ahead of his trip to Beijing. The piece is mostly a factual macro update with limited immediate market-specific detail, though it reinforces inflation concerns.
US inflation accelerated in April as rising gasoline and grocery costs pushed prices higher than wage growth. President Donald Trump said the inflation spike is only "short term" ahead of his trip to Beijing. The piece is mostly a factual macro update with limited immediate market-specific detail, though it reinforces inflation concerns.
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