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Easing Inflation and Wage Trends
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Australia's Business Conditions Soften
Australian Consumer Confidence Hits 20-M...
Canadian Firms Expect Sales Slowdown and...
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Inflation has cooled, with grocery prices showing a 2% increase from last year's 12% rise. Despite this, overall inflation remains positive due to rising wages. The Federal Reserve is targeting inflation at 2%, with concerns about potential deflation. The article suggests that a trend of wages outpacing inflation may lead to improved consumer sentiment over time.
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How might rising wages impact consumer spending and inflation?
In what ways might the trend of wages outpacing inflation affect the overall economy?
What strategies could the Federal Reserve employ to address concerns about potential deflation?
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