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FEDERAL RESERVE

Updated economic outlooks will signal how aggressive policymakers may be in raising interest rates and whether that could jeopardize an expected record-setting run of low unemployment.
The pandemic and recovery are part of the issue, but the conditions generating the lack of workers existed long before the first COVID-19 infections in the U.S., said Joe Hobot, president and CEO of the American Indian OIC.
The consumer price index increased 0.5% last month after advancing 0.8% in November. In addition to higher rents, consumers also paid more for food, though the 0.5% increase in food prices was less than in recent months.

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