- The dollar is ending the year on the defensive, having given back roughly half of its 2022 gains, as investors bet inflation is slowing.
|
- Jobless claims rose only modestly last week and held near prepandemic levels, suggesting the labor market remains historically tight.
|
- Purchasing power of middle-income household paychecks fell 2.9% in 2022, as inflation hit middle earners harder than other groups.
|
.png)
