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are lower than the most recent rate, 3.8% in April 2026, and unremarkable by historical standards. Peak inflation under the Biden administration, 9.1% in June 2022, was the highest in more than 40 years – but even that 9.1% rate was far from the all-time high of 23.7%, which was reached in 1920, or the highest point of Jimmy Carter’s presidency, 14.continue reading …
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