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U.S. consumer prices moderated in May, but sustained increases in housing and health care costs kept underlying inflation supported, which could allow the Federal Reserve to raise interest rates this year.The Labor Department said its Consumer Price Index increased 0.2 percent last month, slowing from April's 0.4 percent rise. Gasoline prices rose modestly and the cost of food fell. The Fed has a 2 percent inflation target and tracks an inflation measure which is currently at 1.6 percent.Food prices fell 0.2 percent, reversing the prior month's increase.Doctor visit costs rose 1.0 percent, but the cost of prescription medicine fell 0.4 percent after increasing 0.7 percent in April.
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