What Happened
The cost of wholesale goods and services surged in February for the third month in a row, underscoring the challenge faced by the Federal Reserve in vanquishing inflation even before the recent spike in oil prices.
Why It Matters
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Background Context
The cost of wholesale goods and services surged in February for the third month in a row, underscoring the challenge faced by the Federal Reserve in vanquishing inflation even before the recent spike in oil prices.
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Source: MarketWatch.com – Top Stories – Original Link
Source: MarketWatch.com – Top Stories
