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America In Focus: Key inflation gauge surges to 3-year high, mortgage rate climbs

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store or gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses. Here’s a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you. Key inflation gauge jumps to 3-year highThe Federal Reserve’s preferred inflation...

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