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Read more about Inflation and wage data suggest US prices will keep climbing
Inflation and wage data suggest US prices will keep climbing

By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — Inflation surged in June and workers' average wages accelerated in the spring — signs that Americans won't likely feel any relief from rising prices anytime soon and that the Federal Reserve will feel compelled to further raise borrowing costs. An inflation gauge closely tracked by the Fed jumped 6.8% in June from a year ago, the government

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