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Core inflation, which strips out volatile energy and food prices, declined to 4.2 per cent in March from 4.5 per cent in February. Analysts had expected a decline to 4.1 per cent. Services ...

Bond yields jumped, stocks slid and markets pushed back their forecasts of summer rate cuts after official data showed a 3.5 per cent increase ... The S&P 500 closed down almost 1 per cent with ...

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