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US consumer prices up 0.5 pct, triggering inflation fears

2 years ago Business & Financial theborneopost
  Fundamental outlook   US consumer prices rose 0.5 per cent in January. On an annual basis, inflation rose 6.4 per cent, triggering new fears of an inflation. The market expects few more rate hikes to curb the persistent inflation. US producer prices rose 0.7 per cent in January. Core producer prices gained 0.5 per [...] Read more at: theborneopost

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