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Inflation’s Cooling In The US And UK

18 Nov 20236 mins
Inflation’s Cooling In The US And UK

This week wage growth in the UK eased slightly last quarter but remains elevated. UK inflation cooled significantly, to a two-year low. US inflation fell by more than expected, sending the US dollar tumbling on Tuesday. China's consumer spending and industrial output exceeded expectations. Japan’s economy contracted more sharply than anticipated in the third quarter

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