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were underpinning

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She said tight labour markets and high oil prices were underpinning fears that inflation could be sticky.

From Reuters Oct. 25, 2023

By late 2006, loans originated by Washington Mutual and a subsidiary called Long Beach were underpinning mortgage securities, and some Wall Street traders were ahead in seeing the problems.

From The Wall Street Journal Apr. 13, 2011

Park said expectations for an increase in demand for technology products in the U.S. were underpinning the sector.

From The Wall Street Journal Mar. 23, 2010

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