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Weekly Jobless Claims Unchanged; Trade Deficit Widens in January

The number of Americans filing new claims for unemployment benefits was unchanged last week as the labor market continued to gradually ease, which could give the Federal Reserve room to wait before cutting interest rates this year.


 

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Fed Minutes Show Officials Agreed on Restrictive Stance
Federal Reserve participants "viewed the policy rate as likely at or near its peak for this tightening cycle,” according to the minutes of the Dec. 12-13 Federal Open Market Committee meeting. Kailey Leinz reports.
Jan 03, 2024

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