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U S jobs and wages grow twice as fast as forecast in January

The U.S. jobs market was on fire at the turn of the year with both hiring and wage gains nearly doubling forecasts.

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Federal Reserve not yet confident enough to cut rates, but sees progress

Central bankers in the U.S. said they were now closer to achieving their goals for both full employment and inflation stability.

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German retail sales unexpectedly slide in December

Retail sales in Germany unexpectedly declined again in December, according to data released on Wednesday by the federal statistics agency Destatis.

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Federal Reserve not yet confident enough to cut rates, but cites progress

Central bankers in the U.S. said they were now closer to achieving their goals for both full employment and inflation stability.

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Eurozone Q4 GDP comes in flat, avoids technical recession

The eurozone and European Union managed to avoid a technical recession after official flash estimates showed the economy flatlined in the last three months of 2023.

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