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From Brexit-skeptic to face of the ‘Global Britain’ agenda, new foreign secretary Liz Truss is selling Britain to the world, but is most popular at home.
A $1.9 trillion coronavirus relief package that President Biden signed into law earlier this year is likely stoking inflation, according to new research published by the Federal Reserve Bank of San Francisco this week.
Surging used-vehicle prices suggest inflation will strengthen in early 2022.
Spiraling inflation could mean higher taxes for millions of Americans – a phenomenon known as "bracket creep" that pushes taxpayers into higher-income brackets even though their purchasing power is unchanged due to wild surges in consumer prices.
Procter & Gamble Co. is set to raise prices across the board to combat broad-based and sustained inflationary pressures.