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Market Extra: Behind highest U.S. inflation rate in 31 years lurks fear that Federal Reserve has `lost control’ of consumer prices

Market Extra: Behind highest U.S. inflation rate in 31 years lurks fear that Federal Reserve has `lost control' of consumer prices

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After months of complacency in financial markets, the highest U.S. inflation rate in almost 31 years is now raising fears that it may keep accelerating and that the Federal Reserve may have already missed its best chance at keeping prices stable.

...read full article on Market Watch

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