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Inflation, the Fed and the Path to Recession: The Big Picture

How did inflation reach 40-year highs—and what can be done to fix it? Read the latest from The Wall Street Journal Opinion pages.

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Photo: SHANNON STAPLETON/REUTERS
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As the consumer-price index has risen 9.1% over the past year, Americans have found that price increases for everyday goods are far from “transitory.” The Opinion pages of The Wall Street Journal look at the causes of inflation, its solutions, and what the future holds for the U.S. economy.

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