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The Independent UK
The Independent UK
National
Christopher Rugaber

US inflation has steadily cooled. Getting it down to the Fed's target rate will be the toughest mile

US Federal Reserve Inflation United States Jerome Powell Elizabeth Warren Economy Insurance JP Morgan
Copyright 2023 The Associated Press. All rights reserved.

Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years.

Now comes the hard part.

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