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business freedom concept courageous daring businessman flying off a cliff holding faith in balloons

By all measures, inflation has cooled over the past year, moving closer to the Fed's 2% target level but still remaining persistently above it

Arrow blocks

Thursday's report is the first of two CPI numbers Fed policymakers will see before their next meeting

Now hiring sign

Outside tech layoffs early this year, companies have mostly been retaining workers

The White House in Washington DC, United States

Senior administration officials said the effort stemmed from national security goals rather than economic interests

Facade of the Federal Hall Wall Street

Funding, capital strains and real estate risks underpinned the rating actions

people are waiting in the aterminal with their silhouette reverse lighted image

Average hourly wages rose faster than expected and will likely worry the Fed

Candle stick graph and bar chart of stock market investment

Analyst sentiment turns rosier for S&P 500 companies, Refinitiv reports

Now hiring sign

Data suggests the labour market is slowly normalizing from post-pandemic extremes

Megaphone

Toronto-based firm sold 20% stake in U.S. business in May

Facade of the Federal Hall Wall Street

Securities industry association expresses concerns with planned changes