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Apr 12, 2024, 7:30 am532 ptsIn June 2022, U.S. inflation rates reached forty-year highs, with the Consumer Price Index rising at an annual 9 percent and Personal Consumption Expenditures Price Index up 7.1 percent. Remarkably, between August 2022 and December 2023, rapid disinflation was achieved without much deterioration in…
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