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Market Update

Inflation Pressures Broadened Prior to Russia Attack

Despite the bad news on inflation in February, price pressures still look to ease in late 2022.

Editor's note: Read the latest on how Russia's invasion of Ukraine is affecting the global economy and what it means for investors.

Stubbornly high inflation pressures were extending across the U.S. economy in February, even before Russia’s attack on Ukraine led to a surge in oil, food and other commodity prices.