US consumers send mixed signals in an uncertain economy ...Middle East

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US consumers send mixed signals in an uncertain economy
Afew months into this year, the state of the US economy continues to be in great flux. Although inflation rates are lower than this time last year, they still remain high, more than twice the Federal Reserve’s target. Federal Reserve officials have raised interest rates over the past year, and are signaling that more increases are still to come. And while layoffs dominate headlines, the US unemployment rate remains low, at 3.5 percent as of March 2023, and the labor market remains very tight.

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