(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergCore US Inflation Rises to 40-Year High, Securing Big Fed HikeIntel Is Planning Thousands of Job Cuts in Face of PC SlumpHere’s How Weird Things Are Getting in the Housing MarketStocks Roar Back From Inflation-Triggered Losses: Markets WrapWorld Faces New Threats From Fast-Mutating Omicron VariantsA closely watched measure of US consumer prices rose by more than
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