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fleury sent this report. the december notes from the us central bank s last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeting this year starting january 30. investors are holding their breath is beneficial t
AttacksInflation-fearsRed-seaPeopleMeetingCommutesSpecial-reportReserveFirstWall-street2024Three is the closest estimation to its sales figures. 0ur north america business correspondent erin delmore reports. calls itself the big scarber brown you ve never heard of, but it may be about to change. more of vehicles in the last three months than tesla did. that s a first. the american company is facing headwinds, higher borrowing costs in the us led to spelling demand slowing demand. but the chinese rival is a gluing, enjoying tailwinds with them unlike tesla, byob makes its own batteries, so controlling that part of the supply gives byd more ability to cut prices. as my colleague erin hasjust reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around three million in sales last year, but that number comprises both electric cars and hybrid vehicles. but even as the competition us revving up, it s worth noting that in terms of overall deliveries in 2023, tesla still has byd beat. however, the chinese ev maker s could keep the momentum
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