US growth lower than expected, inflation rising

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US growth lower than expected, inflation rising
Photo: Seth Wenig AP/TT

PCE inflation in the US rose to 3.2 percent in March, up from 3.0 percent in February. The increase in inflation was in line with expectations.

The US central bank left its key interest rate unchanged on Wednesday in a decision that markets interpreted as hawkish.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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