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AP EXPLAINER: Why US inflation is so high, and when it may ease

For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn't stay long. Yet as any American who has bought a carton of milk, a gallon of gas or a used car could tell you, inflation has settled in.
United States White House District Of Columbia Jerome Powell Jason Furman Rick Rieder
Source: pbs.org

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