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News Wrap: Inflation rises to highest level in 40 years

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In our news wrap Thursday, the Labor Department reports consumer prices in January jumped 7.5 percent from a year earlier, the biggest year-to-year increase since 1982. Also, Freddie Mac reported 30-year home loan rates hit their highest point in two years, truck blockades tie up more of the U.S.-Canada border and Louisiana lawmakers investigate a Black man's death during an encounter with police.

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Category
U.S. & Canada
Tags
inflation, US economy, inflation pricing
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