US inflation surges to three-year high of 4.2%
Consumers are increasingly feeling the strain of the US Israel war in Iran.
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Inflation jumps to 4.2%, the highest since early 2023
Consumers and U. S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.
US consumers are still spending, but JPMorgan says the cushion against higher prices is thinning
Developing story — details emerging. Check the source link for the latest updates.
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