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Wholesale-price inflation accelerated last month, US Labor Department says

The Labor Department said wholesale prices accelerated last month. The report is closely watched for implications for the Fed’s interest-rate decision next week, and some figures feed into a separate inflation calculation.

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Wholesale-price inflation picked up last month, the Labor Department said Thursday, in a report closely watched for what it could mean for the Fed's interest-rate decision next week. Some of the report's figures feed into a separate inflation measure used by the Federal…