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General Business
2 mins to read

Fed Reserve picks 2023 as 'disinflationary', though job ads surge

But US trade deficit narrows by most in 14 years as consumer demand weakens.

St. Louis Federal Reserve President James Bullard.

Dita De Boni Fri, 06 Jan 2023

The US markets have reacted negatively to the news the country’s jobs market has remained robust despite efforts to cool the economy.

The Dow Jones fell 257 points, or 0.77%, and the S&P 500 and Nasdaq Composite slipped 0.71% and 0.83%, respectively. However, the dips were reduced after a speech

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Dita De Boni Fri, 06 Jan 2023
Contact the Writer: dita@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Fed Reserve picks 2023 as 'disinflationary', though job ads surge
General Business,
97232
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