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U.S. Wages Rose Rapidly in Third Quarter, Keeping Pressure on Inflation
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Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate increases as it attempts to cool economic growth and bring down high inflation.
The latest figures add to a picture of an economy losing some momentum but still growing as the labor market, consumer spending and price pressures remain strong.
Read more on wsj.comAbout this in other media
U.S. Supplier Price Increases Eased in October, Taking Pressure Off Inflation wsj.com /2 years ago
October Inflation Report Shows Consumer Prices Rose 7.7% From Year Earlier wsj.com /2 years ago
Japan’s Economy Contracts Slightly in the Third Quarter wsj.com /2 years ago
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