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Jump in US inflation expectations, market jitters heighten Feds dilemma

One-year consumer inflation expectations at highest level since 1981 Rising yields, falling dollar could turn investors away from US assets Massive uncertainty confronting US economy Kashkari says Fed can smooth dislocations, but cannot dictate where long rates settle WASHINGTON, – Soaring consumer inflation expectations, driven to a level not seen since the early 1980s, coupled…

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