Companies are citing tariffs, increasing energy prices, and heightened demand from AI data centers as factors contributing to inflation. There are concerns that inflation rates may remain above the Federal Reserve's target.
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Businesses anticipate prolonged inflation due to rising costs
Businesses are expressing concerns about sustained inflation driven by tariffs, energy costs, and demand from AI data centers. This situation raises the possibility that inflation could remain above the Federal Reserve's target rate.
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Original Headline
Businesses brace for years of inflation as new costs pile up
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Businesses anticipate prolonged inflation due to rising costs