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Officials believe inflation will continue to fall even as the US labour market shows surprising resilience
Businesses are making lay-offs, forcing staff back to offices and offering smaller wage increases
...“There is concern about what the conflict in the Middle East means for the price of oil, which is very significant for Tui’s airline fleet,” said Jones....
...In a letter to the union president on Friday, Starbucks executive Sara Kelly wrote that the chain hoped to resume bargaining with a small set of stores in January and ratify contracts by the end of 2024....
...But Labour’s Darren Jones said the government is “still taking more money from us than ever before”....
...“They’re not willing to say ‘we’ve won’,” said David Kelly, chief global strategist at JPMorgan Asset Management, referring to the Fed’s battle against inflation....
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