Inflation

6.5%, lowest after months in USA

By Aman jain 13.1.2023

USA will be in relief after the low inflation data after the pandemic period

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USA's strong labor market has cooled the inflation after several months

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Fed will likely hike the interest rate again and this could be a worrying sign

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The companies are still facing issues in profitability and unemployment is still high

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Jerome Powell said the Wage growth is strong and it's a good sign as well

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