US applications for jobless benefits fall to lowest level in nearly 8 months ( abcnews.go.com )

“Though the Federal Reserve opted to leave its benchmark borrowing rate alone this week, it is well into the second year of its battle to stamp out four-decade high inflation. The whopping 11 interest rate hikes since March of last year have helped to curb price growth, but the U.S. economy and labor market have held up better...

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