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The Economy

BRIEFLY

October 13, 1994|From Times Staff and Wire Reports

White House Backs Inflation Fight: The Clinton Administration supports the Federal Reserve Board's war on inflation, Treasury Secretary Lloyd Bentsen said, adding that he does not think inflation is likely to accelerate out of control. His comments came as the Labor Department was preparing to report today on inflation in prices of goods at the wholesale level; the department is to issue retail price inflation figures Friday morning.

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