. Inflation Slipped In April, But Upward Pressures Remain « JO LEE MAGAZINE

The Wall Street Journal – U.S. inflation remained close to its highest annual rate in four decades last month, declining only slightly to 8.3% with signs the economy continued to face upward price pressures. The Labor Department’s consumer-price index reading last month marked the first drop for inflation in eight months, down from an 8.5% annual rate in March. But the decline came primarily…

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