Inflation, Easing to 6.5 Percent, Extends Streak of 40-Year Highs 

Biden warns that Republicans could worsen inflation and inequality with efforts to reduce IRS funding and even eliminate the tax agency and instead levy a national sales tax

AP/Michael Dwyer
A gas station at Boston March 4, 2022. AP/Michael Dwyer

WASHINGTON — Rising consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it.

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