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A key inflation gauge tracked by Fed remained high in March

Summary by Ground News
Inflation slowed to just 4.2% from 5% in February. That is the lowest year-over-year overall inflation figure in nearly two years. Fed poised to announce another interest rate hike after its policy meeting next week. The likely quarter-point rise in its benchmark rate would raise it to 5.1%.

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WSBT broke the news in Mishawaka, United States on Friday, April 28, 2023.
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