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U.S. FIG Drops

U.S. inflationary pressures were lower in April, as the U.S. future inflation gauge slid to 102.8 from a revised 104.7 in March, originally reported as 104.9, according to data released Friday morning by the Economic Cycle Research Institute.

“With the USFIG dropping to a four-month low, inflation pressures have ebbed a bit,” ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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