Postal Service may be limited to one price increase per year
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Postal Service may be limited to one price increase per year
The Postal Service is falling into pattern raising stamp prices each January and July. But its regulator is considering limits to those price increases. A proposed rule from the Postal Regulatory Commission would cap USPS to only raising prices once per year. The regulator gave USPS the freedom to set mail prices higher than the rate of inflation in 2020 when the agency was at risk of running out of cash. USPS is planning to set the price of a f…
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