Issue 3 · Apr 2, 2023 Weekly edition · 1 min read

FinTech Weekly Weekend

## Let’s recap… * **The US published its PCE – Personal Consumption Expenditure, which allows to understand inflation** * **The Eurozone released its CPI – Consumer Price Index, another measure used to assess inflation,

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What Inflation Means For The Labor Market

How does inflation affect the labor market? Are we already witnessing the effects of higher interest rates? Discover more with FinTech Weekly.

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In this issue · 3 items

US labor market remains tight; corporate profits decline Lucia Mutikani — The number of Americans filing new claims for unemployment benefits rose moderately last week, showing no signs yet that tightening credit conditions were having a material impact on the tight labor market. Open story ↗ The Fed’s Preferred Inflation Metric Dropped a Little. It’s Still High. Megan Cassella — The Federal Reserve’s preferred inflation gauge climbed at a 0.3% monthly pace in February, marking a slight slowdown from the month before as pricing pressures show signs of gradually easing. Open story ↗ Consumer spending retreats. Just a blip or a sign of more stress on the U.S. economy? Jeffry Bartash — Consumer spending rose by a scant 0.2% in February, a big slowdown from the prior month that suggests households may have gotten more cautious as strains on the economy intensify. Open story ↗

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What Inflation Means For The Labor Market

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