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    Feb 29, 2024

    Inflation is getting close to the Federal Reserve’s target rate

    The Federal Reserve’s preferred inflation gauge is showing further signs of easing; the Commerce Department wants to probe connected vehicles made by Chinese companies; the Transportation Department wants to make it easier to fine airlines for damaging or misplacing wheelchairs; the FAA gives Boeing 90 days to come up with new safety plan.

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    Inflation is getting close to the Federal Reserve’s target rate
    Spencer Platt/Getty Images

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