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How it came to this: The Fed and White House's slow inflation awakening | Hellenic Shipping News Worldwide

President Joe Biden’s top officials and Federal Reserve Chair Jerome Powell were quick to dismiss the first embers of inflation in the spring of 2021 in a single word: Transitory. More than a year later, price increases at 40-year peaks have proven to be anything but, so much so that the Fed this week appears ...
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