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flag U.S. inflation hit three-year high in March.

flag U.S. inflation rose to a three-year high in March, driven by a surge in gas prices due to Middle East tensions. flag The Federal Reserve's preferred measure increased 0.7% for the month and 3.5% annually, exceeding expectations. flag While GDP grew 2% in the first quarter and the job market remained strong, the data highlights financial pressure on households as costs continue to climb.

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