(Reuters) - Wall Street economists polled before the Labor Department report were expecting the Consumer Price Index to advance 0.5 percent. The core rate, which excludes volatile food and energy prices, advanced 0.2 percent in April. That was directly in line with expectations.
The dollar slipped against the euro in reaction to the April core CPI advance and U.S. Treasury prices were up after a lower-than-expected rise in the core CPI from the same time a year ago.
Read more at Reuters.com Business News
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