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U.S. Inflation Accelerates to Six-Year High, Eroding Wages

Trending story found on www.bloomberg.com
U.S. Inflation Accelerates to Six-Year High, Eroding Wages
U.S. inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve's outlook for gradual interest-rate hikes while eroding wage gains that remain tepid despite an 18-year low in unemployment.
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