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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.

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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