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Inflation fears magnified after US consumer prices soar
Last week's Consumer Price Index reading is putting increased focus on the Federal Reserve's laissez-faire stance, drawing concern from new critics and making old ones even more boisterous. What we're hearing: "Data are pointing more towards higher inflation than I expected, and sooner," former U.S. Treasury Secretary Lawrence Summers tells Axios' Hans Nichols and Mike Allen. "With more inflation signs sooner than I would have expected." "One should be more concerned about inflation than one was several months ago." "There are many reasons for thinking that demand will increase substantially and lead to more ... (full story)
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- ww3361
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- Bones
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- trumps
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Compulsions can be hard to resist
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- trumps
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Compulsions can be hard to resist
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The elites think we are stupid. They are in the main quite correct.
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