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Inflation balloon

The consumer price index rose 0.3% from December to January and 3.1% from a year ago

Graphic of U.S. currency

A growing share of business forecasters worry that the Fed is keeping rates unnecessarily high

Economists say the strain is not likely to spill over into the broader economy

  • By: Ken Sweet
  • February 5, 2024 February 5, 2024
  • 11:10

Strong hiring, wage growth could delay interest rate cuts

wallet and cash

Anxiety over the possibility of an economic recession continued to fade

Stick figures

The job market is cooling in a mostly painless way — through fewer openings

Arrow blocks

Optimism is growing that the Fed is on track to deliver a rare soft landing

Piles of coins

Regular payouts to maintain 4% growth, while variable dividends drop

wood cut-outs

Employment readings largely stable to close 2023

Retail sales

The report suggested that shoppers will be able to keep fuelling economic growth this year