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  "path": "/2026/05/dont-expect-new-fed-chair-to-cut-rates.html",
  "publishedAt": "2026-05-13T02:32:00.000Z",
  "site": "https://40yrs.blogspot.com",
  "tags": [
    "US inflation rising to 3.8% last year"
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  "textContent": "Not with US inflation rising to 3.8% last year and more inflation in the pipeline from energy disruptions as a result of the US-Iran war.\n\nWe are in for a bumpy ride.\n\n> US inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans.\n>\n> Prices rose 3.8% over the last year, according to the data from the Bureau of Labor Statistics, the highest jump since 2023.\n>\n> This is the second official measure of the consumer price index, which measures the price of a basket of goods and services, since the start of the war with Iran. In March, prices rose 3.3%, up from 2.4% in February.\n\nAnd consumer sentiment is falling as well. Go figure.",
  "title": "Don't Expect the New Fed Chair to Cut Rates",
  "updatedAt": "2026-05-13T05:30:48.589Z"
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