Inflation is doing a crab walk and Fed officials fear its pinch | CNN Business
Briefly

A version of this story first appeared in CNN Business' Before the Bell newsletter.Not a subscriber?You can sign up right here.You can listen to an audio version of the newsletter by clicking the same link.The possibility of a 2023 market rally ground to a halt last week amid an onslaught of unfortunate inflation and economic data that spooked investors and increased the likelihood that the Federal Reserve will continue its economically painful rate hikes campaign for longer than Wall Street hoped.
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