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A shopper peruses cheese offerings at a Target store on Oct. 4, 2023, in Sheridan, Colo. (AP Photo/David Zalubowski, File)

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Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike
August 12, 2024 8:40 a.m.

Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike

WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it.