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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

Steel worker on CNC plasma cutter machine

Softer price report could reassure the central bank's policymakers

Citigroup said Friday that it's cutting 20,000 jobs, roughly 10% of its workforce

  • By: Ken Sweet
  • January 12, 2024 January 12, 2024
  • 14:51
U.S. dollar

Energy and housing prices fuelled the increase

Now hiring sign

December marked the 23rd straight month that joblessness has remained below 4%