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The US core inflation rate has hit a 4-year low. The index for all items less food and energy or the core inflation, rose 0.1 percent in March, following a 0.2-percent increase in February.

A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented ...

Instead, Thursday’s Consumer Price Index report was likely another example of a ‘what might have been’ for the US ... lowest rate in nearly four years. “The decline in core inflation ...