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Stocks finished with sharp losses Thursday, dropping after the January consumer-price index showed a much hotter-than-expected 7.5% year over year jump. Equities took another leg lower in afternoon trade after St. Louis Federal Reserve Bank President James Bullard told Bloomberg that he would like to see the central bank deliver 100 basis points, or 1 percentage point, worth of rate increases over its next three meetings.
...read full article on Market Watch
