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U.S. consumers expect inflation to jump in year ahead

Eggs for sale in a Manhattan grocery store on Feb. 25, 2025, in New York City. Spencer Platt | Getty Images The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan. That’s when annual inflation was at 7.1% and Federal Reserve Chair Jerome Powell acknowledged that the chances …

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China retail sales strengthen at start of 2025, industrial data beats

A woman, right, looks at herself on her phone as she and others buy warm winter hats at a vendors shop in the Panjiayuan Market on December 6, 2024 in Beijing, China.  Kevin Frayer | Getty Images China’s economy showed a modest pickup for the first two months of the year, according to data published Monday by the National Bureau …

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