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Biden tries to tame inflation by having LA port open 24/7

WASHINGTON ((DailyNews)) — President Joe Biden tried to reassure Americans on Wednesday that he can tame high inflation, announcing a deal to expand operations at the Port of Los Angeles …

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Powell says inflation, though elevated, will likely moderate

WASHINGTON ((DailyNews)) — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months” before “moderating.” At …

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