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Federal Reserve

WASHINGTON (AP) — With inflation punishing consumers and threatening the economy, the Federal Reserve this week will likely signal its intent to begin raising interest rates in March for the first time in three years. The Fed's challenges will get only harder from there.

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It was a wild day on Wall Street, in which stocks sold off dramatically just to reverse course shortly before the closing bell rang.

We’re all feeling the effects of inflation in everything from the price of houses, cars and health care to college educations. Yet little things stand out, and nowhere is the waning value of the dollar more obvious than in the shrinking range of products for sale at exactly $1.

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