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    <title>US inflation accelerated last month to highest level since February</title>
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    <description>Consumer price inflation accelerated in June, with headline CPI rising 2.7 percent year over year and 0.3 percent month over month; core inflation rose to 2.9 percent year over year and 0.2 percent month over month. The pickup, driven by energy and food costs, is likely to reduce the near term probability of a central bank lowering short term interest rates and heightens political pressure on economic management.</description>
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