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White House braces for latest US inflation surge

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Washington (AFP) – With the government set to release data expected to show US prices rising even higher, President Joe Biden is attempting to downplay the reading and highlight recent improvements not captured by the report. The Labor Department on Friday will present its November report on consumer prices, which analysts expect will show inflation accelerated from the 30-year high hit in the 12-months ended in October. The inflation wave is a political liability for Biden, who has seen his public approval ratings sink as prices have spiked, while the Republican opposition has used it to argu…

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