Inflation is finally back in a range that looks familiar, and markets are celebrating as if the long war on rising prices is over. Stocks are climbing, bond yields are slipping and traders are rushing ...
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Rising inflation puts the Fed in a bind
September’s inflation reading came in at 3%. That marks the fifth straight month of higher inflation. It puts the Federal Reserve in a tough spot. The Fed targets 2% inflation, and the latest data is ...
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