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Rising Costs

Higher Gas And Rents Keep US Inflation Elevated, Likely Delaying Fed Rate Cuts

FILE - Customers drink coffee at the Blind Tiger Cafe Jan. 10, 2024, in Tampa, Fla. On Wednesday, April 10, 2024, the Labor Department issues its report on inflation at the consumer level in March. (AP Photo/Chris O'Meara, File)

WASHINGTON — Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday in a report…

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