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post: FED'S BARKIN: I DO BELIEVE INFLATION IS COMING DOWN, BUT IT WILL TAKE MORE TIME. post: FED'S BARKIN: THE QUESTION NOW IS FOR HOW LONG RATES NEED TO BE HELD WHERE THEY ARE TO GET THE REQUIRED IMPACT ON INFLATION. post: FED'S BARKIN: THE INFLATION STORY IS MUCH LONGER TERM THAN WHAT HAPPENS IN THE MARKET.
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U.S. imports increased 0.9 percent in April, after advancing 0.6 percent in March, the U.S. Bureau of Labor Statistics reported today. Higher fuel and nonfuel import prices contributed to the overall rise. Prices for U.S. exports increased 0.5 percent in April following a 0.1-percent advance the previous month. The price index for U.S. imports advanced 0.9 ...