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Corporate

Feb. 29, 2000

Pricey Oil Could Ignite Inflation That Will End Economic Boom

By James O. Goldsborough Will rising oil prices be the blade that slices our galloping economy? Closing in on $30 a barrel, oil price increases are driving inflation, which caused the Federal Reserve once again to raise interest rates, with more increases promised for later this year.

By James O. Goldsborough
        Will rising oil prices be the blade that slices our galloping economy? Closing in on $30 a barrel, oil price increases are driving inflation, which caused the Federal Reserve once again to raise interest rates, with more increases promised for later this year.
        Last week, the nation also celebrated its ...

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