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1. When was the last time the US inflation rate was above 4%? 2. Briefly explain what caused this to happen? 3. What Monetary Policies

1. When was the last time the US inflation rate was above 4%?

2. Briefly explain what caused this to happen?

3. What Monetary Policies did the Federal Reserve take?

4. In summary, what is happening in the economy now, and what is the Fed doing?

5. Do you agree, or any other recommendations

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