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Published on Friday, May 22, 2015 | Updated on Friday, May 22, 2015

U.S. | April Core CPI Edges Closer to Fed Target

Headline CPI rose 0.1% in April but remained negative YoY for the fourth straight month. Core CPI unexpectedly increased 0.3%, due largely to pressures from medical costs. On a YoY basis, core CPI rose 1.8%, shifting towards the Fed’s target rate

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