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Dollar regains ground on muted inflation data

Published Sun, Oct 15, 2017 · 09:50 PM

New York

The Labor Department said on Friday its Consumer Price Index jumped 0.5 per cent last month after advancing 0.4 per cent in August. Economists polled by Reuters had forecast a 0.6 per cent increase.

September's increase was the biggest in eight months, but it stemmed mostly from soaring petrol prices after hurricane-related …

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