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“Big picture, we're seeing a weakening labor market, maybe inflation that's relatively stable, possibly coming down a little bit, but still above the Fed's 2% target,” said Ann Owen at Hamilton College.

Latest CPI report signals cooling inflation, with key caveats

Economyby Henry Epp

The data were collected in late November, during peak Black Friday discount season.

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Above, a construction crew works on a data center in Ashburn, Virginia. Wage increases and job demand in fields related to the AI boom are currently strong.

Hot inflation, slowing wage growth fuels affordability crisis

Economyby Mitchell Hartman

Based on this week’s jobs report, growth in average hourly earnings slowed to 3.5%, while price inflation is heating up.

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