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flag US inflation slowed in April, with consumer prices rising from March.

flag US inflation cooled slightly in April, easing to 3.4% from 3.5% in March, providing some relief for the Federal Reserve and President Joe Biden's re-election team. flag The Labor Department's report showed food prices remained flat, but rent prices rose slightly, with prices for cars also falling. flag Economists predict that the summer could bring some volatility as energy prices typically rise, which may impact inflation rates. flag The Fed has not yet announced when it will lower interest rates.

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