Tag: employment opportunities
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Inflation report comes in as Fed confronts bank failures
The Labor Department’s inflation data on Tuesday will inform the Federal Reserve of price pressures in the economy as the central bank faces bank failures. Inflation has cooled after a recent peak last June, but remains stubbornly high. The consumer price index, a closely monitored measure of inflation, rose 6.4% in January from a year […]
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Jobs report, bank failure complicates outlook on interest rates
The February employment report does little to detract from the economic outlook for Federal Reserve officials, who are considering how much to raise interest rates at their upcoming meeting. But the bankruptcy of a California bank on Friday prompted investors on Wall Street to place their bets that the central bank would opt for a […]