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January 13, 2022

Why inflation is so high, and when it may ease

By PAUL WISEMAN
AP Economics Writer

WASHINGTON — At first, it didn't even register as a threat. Then it seemed like a temporary annoyance.

Now, inflation is flashing red for the Federal Reserve's policymakers — and delivering sticker shock to Americans at the used car lot, the supermarket, the gas station and the rental office.


 
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