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News Wrap: Consumer prices see 5.4% year on year rise, White House says surge temporary

In our news wrap Tuesday, the Federal Reserve and White House said they expect a consumer price surge, up 5.4 percent, to be temporary. There’s fresh evidence that COVID-19 infections in the U.S. are rising again, mostly among the unvaccinated. Mj Rodriguez — of the FX series “Pose” — became the first transgender woman nominated for a lead acting role Emmy award.

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