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Inflation will ease if the pandemic recedes, Moody’s Mark Zandi argues

For the typical American household, the acceleration in inflation is a big blow. But price hikes could taper off if the pandemic can be stopped.

Shoppers on Chestnut Street last week, outside the Shops at Liberty Place.
Shoppers on Chestnut Street last week, outside the Shops at Liberty Place.Read moreTOM GRALISH / Staff Photographer