This time last year, the Federal Reserve committed its most fateful error since the 1970 s. The Fed has belatedly hiked interest rates aggressively, driving the dollar up to nosebleed levels and adding to the global stresses from the Ukraine war. U.S. mortgage rates are at a 20- year-record high.
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Prices rise yet again as Fed tees up more hikes
Inflation remains stubbornly high as food, shelter costs grow
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