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US President Donald Trump on Wednesday brushed off concerns about consumer inflation surging to a fresh three-year high in May, on the back of soaring energy prices caused by his war in Iran.- Possible peak - May's consumer inflation data showed energy prices had risen 23.5 percent over the same time last year, with gasoline rising by 40.5 percent. 

US consumer inflation hits 3-year high in challenge for Trump

US President Donald Trump on Wednesday brushed off concerns about consumer inflation surging to a fresh three-year high in May, on the back of soaring energy prices caused by his war in Iran.- Possible peak - May's consumer inflation data showed energy prices had risen 23.5 percent over the same time last year, with gasoline rising by 40.5 percent. 
AFP 8 hr ago
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Earnings and key economic data ahead on Thursday, June 11

Asking for a Trend Host Josh Lipton breaks down what investors should be on the lookout for on Thursday, June 11. On the earnings front, Adobe (ADBE) and Lennar (LEN) are set to report, while key economic releases include the Producer Price Index (PPI) and weekly initial jobless claims.
8 hr ago
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