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US Inflation Accelerates as Gas, Food Prices Climb
US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double-whammy for already strained consumers. Eric Winograd, Chief US Economist at AllianceBernstein, reacts to the CPI data. (Source: Bloomberg)
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It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
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