US inflation rises to 3.5%, weakening hopes of early interest rate cuts – business live

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US inflation rises to 3.5%, weakening hopes of early interest rate cuts – business live

Rolling coverage of the latest economic and financial newsRising home and gas costs pushed US inflation higher than expected in MarchTesco says grocery inflation has lessened as it plans £500m efficiency savingsRatings agency downgrades China debt outlook over economic uncertaintyFitch’s downgrading of China’s credit outlook today highlights the dilemma that policymakers are facing…
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