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Inflation

Only Available in Archive Formats.
Inflation

Inflation

Inflation

Only Available in Archive Formats.

NPR's Jack Speer reports the U.S. economy grew at a 5.4% annual rate in the first three months of the year. That's a bit slower than in the previous quarter, but still well above the growth rate the Federal Reserve would like to see. Consumer spending was up sharply and so were signs of inflation. A key measure of labor costs increased at its fastest pace in more than a decade.

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