HomeU.S. corporate debt hit hard as inflation shock intensifies economic fearsFILE PHOTO: The Federal Reserve building is seen in Washington,

FILE PHOTO: The Federal Reserve building is seen in Washington,

FILE PHOTO: The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Photo

FILE PHOTO: Illustration shows plastic letters arranged to read “Inflation”

FILE PHOTO: Gas prices over the $8.00 mark are advertised

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