What was the inflation rate reported in June?
Fed Unleashes Another Big Rate Hike In Bid To Curb Inflation

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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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3 mins • 1 pt
What action did the Fed take to address inflation?
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3.
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What are some factors contributing to the elevated inflation mentioned in the text?
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4.
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What concerns do people have regarding the Fed's actions?
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How might higher interest rates affect consumers?
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