U.S. Inflation Accelerates to Six-Year High, Eroding Wages
A shopper carries bags on Market Street in San Francisco, California, U.S. (Photographer: David Paul Morris/Bloomberg)  

U.S. Inflation Accelerates to Six-Year High, Eroding Wages

(Bloomberg) -- U.S. inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve’s outlook for gradual interest-rate hikes while eroding wage gains that ...
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