US Economy: Inflation Picks Up, Jobless Claims Tumble
October 31, 2024
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3:02Now PlayingUS Economy: Inflation Picks Up, Jobless Claims Tumble
YouTube Description
as posted by the channelThe Federal Reserve’s preferred measure of underlying US inflation rose the most since April, as the so-called core personal consumption expenditures price index increased 0.3% in September. Meanwhile applications for US unemployment benefits fell by 12,000 last week to the lowest since May at 216,000. Michael McKee breaks down the numbers on Bloomberg Television.
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