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At the end of 2023, hope was high that the worst of this inflationary cycle was over. The inflation report released in December showed inflation cooling in the month prior, and many hoped it would continue to fall into 2024 — and that interest rate cuts would soon follow.
Unfortunately, that hasn’t been the reality in the early months of the year. Inflation was hotter than expected in the first report of 2024 and it increased in February and March. This means the costs of many goods and services will remain…
