An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year

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An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
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National polls show many people did not pay close attention to former President Donald Trump's hush money trial.

Friday's report is a sign that inflation may be easing after running high in the first three months of this year.FILE - Salesmen examine an unsold 2024 Cooper Clubman S utility vehicle at a Mini dealership May 1, 2024, in Highlands Ranch, Colo.9:14 AM EDT May 31, 2024

Overall inflation climbed 0.3% from March to April, the same as in the previous month, and 2.7% from a year earlier. April's year-over-year inflation figure was also unchanged from March. Inflation fell sharply in the second half of last year but then leveled off above the Fed’s 2% target in the first few months of 2024. that costlier rents, groceries and gasoline are angering voters as the presidential campaign intensifies, Donald Trump and his Republican allies have sought to heap the blame on President Joe Biden.

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