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18min chapter
Core US Inflation Picks Up, Damping Odds of Outsize Fed Cut
Bloomberg Businessweek
Navigating Inflation and Economic Policies
This chapter analyzes recent U.S. inflation data, particularly the rise in housing and travel costs, and the potential implications for Federal Reserve interest rate decisions. It discusses the complexities of tariffs, trade policies, and their economic effects, alongside the political landscape influenced by recent events. Additionally, the chapter highlights the disconnect between stock market gains and the financial struggles facing everyday Americans, emphasizing ongoing challenges in wealth distribution and consumer perception.
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