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1.What drives inflation? In particular, which are the 2 main reasons for vendors/sellers to raise their prices? 2.Please explain the exact process by which, as

1.What drives inflation? In particular, which are the 2 main reasons for vendors/sellers to raise their prices?

2.Please explain the exact process by which, as the Fed raises the target Fed Funds rate, then, the inflation rate may slow down. Which is the sequence of steps so inflation slows down after interest rates rise?

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