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Core inflation fastest in more than a year

U.S. core consumer prices rose at their quickest pace in more than a year in January, but the increase was not strong enough to suggest a troubling build-up in inflation pressures. Full story

Snap Analysis: Fed shows no inclination to trim bond buying

The Federal Reserve gave a cautious assessment of the U.S. economic recovery on Wednesday and offered no sign it was toying with the idea of trimming its $600 billion bond-buying plan. Full story

ECB's Trichet rejects using core inflation

The euro zone inflation rate, excluding volatile energy and food prices, does not gauge future price pressures well, European Central Bank President Jean-Claude Trichet was quoted as saying on Sunday. Full story

Fed's Plosser says asset buys unneeded

VINELAND, New Jersey (Reuters) - Philadelphia Federal Reserve President Charles Plosser said on Wednesday that despite a slowing economic recovery, further Fed financial easing is unnecessary. Full story

Wholesale level inflation falls for third month

Wholesale prices fell for a third consecutive month as another drop in energy costs and the biggest plunge in food costs in eight years banished inflation in June. Full story

Wholesale prices fall for second straight month

Wholesale prices fell for a second straight month in May, the first time that has happened in a year, reflecting big declines in the cost of energy and food. Full story

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