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Muhammad Zeeshan Soomro
Aug 10, 2021, 6:05 AM
Inflation in the country is rising when the country's economy is recovering rapidly from the effects of the global pandemic, which could lead to the Federal Reserve.
High inflation figures have opened eyes in recent months, but core inflation is still under control, says Gus feature, an economist at PNC financial services.
The Federal Reserve Bank of New York said in a survey released on Monday that inflation could remain at 5% for a year from now.