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US consumer price inflation hits 3.8% in April, highest in nearly 3 years, as Iran war fuels energy costs
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US inflation surged in April, reaching a three-year high driven by escalating fuel costs linked to the Iran-US conflict. This rise complicates the Federal Reserve's interest rate decisions, as petrol prices have significantly increased, impacting household budgets and raising concerns about broader economic fallout. What's Your Reaction?
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