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Recent economy

  • Inflation Now at 9.2% This Year, But It’s Really Much Worse Than That

    In a brief story in USA Today, Mike Carney tells us that:
    New inflation data show that wholesale prices have grown 9.2% over the last year, marking the biggest increase since June 1981, according to the Labor Department.  Reuters adds, "Economists had expected producer prices — a gauge of costs at the farm and factory gate [...]

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