Newly released federal inflation data showed that inflation slowed in recent weeks.
The U.S. Bureau of Labor Statistics released its Consumer Price Index, which showed that overall consumer prices paused in the month of May after rising 0.3 percent in April.
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Newly released federal data showed that inflation continues to rise in the U.S.
The Bureau of Economic Analysis released its Personal Consumption Expenditures marker Thursday, showed inflation rose 0.2% in January, more than many experts had previously expected.
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