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Bloomberg expects US inflation to rise to a four-decade high. She considered that this would help explain the shift in the Federal Reserve’s approach to monetary policy, as well as increasing consumers’ concerns about the economy. And it expected the consumer price index, which is widely followed, and whose data is expected to be announced next Wednesday, to rise by 7% during the year until December, and to have risen by 0.4% on a monthly basis. She also expected that another report of the Ministry of Labor, which is expected to be published the next day, would show an increase in producer prices by about 10% in 2021.
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