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8th Sep 2022 15:23U.S., Daily Monitor

  • The Fed finally has started to talk about the impact of margins on inflation, after months of baffling silence.
  • Vice-Chair Brainard says wider margins drove up inflation; a reversal could drive it back down.
  • Jobless claims hit a three-month low; the feared summer surge in layoffs did not happen.

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auto sector fed inflation pressures January jobless claims July labor margin compression motor vehicles payroll payroll growth policymakers ppi September services index summer trade trade services us used cars vehicles

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Keywords for: 9 Sept 2022 US Monitor

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