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May 14, 2026, 7:30 am32 pts
New York PostWord that inflation hit 3.8% last month is bad news, but not grim: The main cause is obvious, and it won’t last. It’s the halt on oil shipments through the Strait of Hormuz, which plainly won’t last much longer. So our cautious optimism is entirely different from all that Biden-years talk about inflation…
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