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Inflation in US: Consumer prices post largest annual gain in 40 years

WASHINGTON: US consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for...

U.S. consumer prices rise modestly, but shelter costs firming

WASHINGTON: U.S. consumer prices rose slightly in July, but a solid increase in the cost of shelter suggested inflation was probably stabilizing enough to support expectations the Federal Reserve will raise interest rates this year.
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