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LATEST US DATA

CPI rise in February keeps Fed on course for rate hikes

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Underlying US inflation increased more than expected in February as rents and medical costs maintained their upward trend, which could keep the Federal Reserve on course to gradually raise interest rates this year.

Washington

Underlying US inflation increased more than expected in February as rents and medical costs maintained their upward trend, which could keep the Federal Reserve on course to gradually raise interest rates this year.

The Labor Department said on Wednesday its Consumer

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