U.S. Inflation Jumps In April To 4.2% In 12 Months
The acceleration of U.S. inflation sparks the warning around the world, as it may put pressure on the Federal Reserve to raise interest rates earlier than expected in an attempt by the monetary authority to hold prices. A rise in U.S. interest rates, in turn, could trigger a capital flight from countries like Brazil. The Federal Reserve, however, has been pointing to…
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