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Your Student Membership Includes:. Become a Member. WSJ Students Hub Advance your career with curated articles on job prep, finance tips, career insights and expert advice. Visit Now. The single most important question in investing this year is whether the rampant inflation of the moment is temporary, as the Federal Reserve believes, or marks a historic shift. I argued last week that we are on the cusp of a major change and long-run inflation is now more likely.

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