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This week provided a reminder that inflation isn't going away anytime soon

March 14, 2024

CNBC - From consumer and wholesale prices to longer-term public expectations, reports this week served up multiple reminders this week that inflation isn’t going away anytime soon.

Data across the board showed pressures increasing at a faster-than-expected pace, causing concern that inflation could be more durable than policymakers had anticipated.

The bad news began Monday when a New York Federal Reserve survey showed the consumer expectations over the longer term had accelerated in February.

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