Has inflation finally peaked?

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Inflation may have finally peaked after more than a year of supply chain snarls,

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....labor shortages and a flood of stimulus driving prices higher.

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economists say, posing political challenges for the Biden administration,

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Consumer prices rose 8.3 percent over the 12 months ending in April,

according to the Labor Department’s consumer price index (CPI),

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......down slightly from an annual inflation rate of 8.5 percent in March.

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