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YOU WONT BELIEVE: Inflation cools but housing costs still rise - You Need To See This

Inflation Labour Department the Labour Department the Federal Reserve
Unemployment rate unchanged but signs point to cooling jobs market

Labour Department's Monthly Inflation Report Shows Slowing Trend

The latest monthly inflation report released by the Labour Department indicates a moderation in the annual inflation rate. In January, the annual inflation figure stood at 3.1%, down from 3.4% in December. This decline in inflation is a positive development as it brings the rate closer to the Federal Reserve's target of 2%.

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