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April's CPI shows inflation falls to 4.9% | Morning in America
Posted
May 10, 2023
Views
563
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May 10, 2023
563
9
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2.49%
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2:22Now PlayingConsumer prices rose 0.4 percent in April to hit an annual increase of 4.9 percent, according to inflation data released Wednesday by the Labor Department. That’s the lowest annual inflation rate since April 2021. Lydia Moynihan breaks down how this will affect future federal reserve interest rate hikes.
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