The November ADP report signals a significant labor market deterioration, with private payrolls declining by -32,000, the largest drop since March 2023. Broad-based job losses were led by small ...
November CPI data shows a sharp deceleration in both headline and core inflation, with core CPI falling to 2.6% YoY, its lowest since March 2021. Disinflation was broad-based, led by food and shelter, ...
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