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Renters Can’t Celebrate Softer Inflation Readings

Hello. Today we look at the biggest victims of still-soaring rents, Japan’s new digitization push, and a four-step proposal to overhaul Ukraine’s economic policies.

The latest US inflation report, out Wednesday, showed a welcome deceleration from the biggest surge in the cost of living since the early 1980s. But it offered little respite to millions whose purchasing power continues to drop.