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flag US inflation rate edged up to 2.3% in April, influenced by rising rents and falling food prices.

flag US consumer prices saw a slight increase in April, with rent costs rising but food prices falling, leading to an overall small rise. flag The annual price increase was 2.3%, the lowest in four years. flag Despite a temporary trade deal between the US and China, uncertainty due to ongoing tariffs makes predicting inflation challenging. flag The Federal Reserve is expected to wait until later in the summer to make any changes to interest rates.

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