Target cuts prices on 3,000 items ‘across apparel, essentials and home,’ as inflation remains above Fed target

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Source: New York Post
Published: 2026-03-12 07:48 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, Business & Economy
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Snippet:
As the U.S. enters its fifth year of inflation running above the Federal Reserve’s 2% target, major retailers are responding to softer demand and increased competitive pressure.
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