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P.M. Edition for July 12. The rate of inflation has cooled to its slowest pace in more than two years. But, it is still above the Federal Reserve’s target 2%—meaning the central bank is likely to raise rates again later this month. Plus, WSJ investigative reporter Shalini Ramachandran discusses the findings of our investigation into what telecom companies knew about toxic lead-sheathed cables in their networks. Annmarie Fertoli reports.
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