What is the current inflation rate as measured by the Consumer Price Index? You can use either the February or March 2022 figure.  Describe the pattern of the Consumer Price Index since the beginning of 2020.  Describe the pattern of the CPI since 2010. (Hint: Utilize  Trading Economics (Links to an external site.) or FRED (Links to an external site.) to get the data.  Please note that the inflation rate is not the same thing as the level of the CPI. The inflation rate is measured as the percentage change in the level of the CPI during a period of time.

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