U.S. Treasury Secretary: Inflation is expected to reach the Federal Reserve's 2% target soon
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U.S. Treasury Secretary Becerra expects inflation to reach the Federal Reserve's 2% target soon. He stated that polls show Americans want President Trump to focus more on reducing inflation and believe that the pace of consumer price increases will slow down this year. Becerra defended Trump's economic plan, arguing that by easing regulations and extracting more U.S. energy, inflation will quickly return to target levels within the next 6 to 12 months
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