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Nick Timiraos and Gabriel Rubin: U.S. Inflation Cooled in February as Fed Confronts Bank Failures
Consumer prices rise 6% from year earlier, smallest annual gain since September 2021. Inflation eased in February but remained stubbornly high, presenting a challenge for the Federal Reserve as it confronts how to slow the economy with higher interest rates at the same time it moves to stem banking problems. The consumer-price index, a
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Posted: March 14, 2023 Tuesday 05:00 PM