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Federal Reserve Governor Cook: Overall data suggest that inflation is still falling, and the labor market is gradually cooling
The Federal Reserve Reserve Board members Cook said that overall the data suggest that inflation is falling continuing
Mr. Cook, the Fed governor, said the headline data showed that the decline in inflation was continuing and that the labour market was gradually cooling. A pause in rate rises could occur if progress slowed and the labour market remained solid. The overall labour market remained solid; the recent weakness in growth was the result of temporary strikes and storms.
2024-11-20 16:57:11
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