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What stands in the way of lowering inflation?

We’ve come a long way from the summer of 2022’s inflation rate of 9.1%. It’s now 3.7%. But the Federal Reserve Chair says we should be closer to 2%.

CBS News analyst Jill Schlesinger tells us what is getting in the way of bringing inflation down.

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.