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Key inflation gauge worsens as Americans’ income and spending power erodes
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Key inflation gauge worsens as Americans’ income and spending power erodes

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A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances.

WASHINGTON (AP) — A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans’ finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five month... [4855 chars]

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Source: AP News

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