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Real hourly earnings -1.3%, down for a record 23rd consecutive month

00:01 - 17/03/23

Nomura predicts rate cut & QT halt at upcoming Fed meeting. Debut of new lending facility also possible, Nomura says: "Judging by the market’s reaction, financial markets seem to view these pol actions as insufficient, as stock prices for US financial sector continue to decline.”

US consumers see inflation dropping sharply over the next year, and they expect the cost of food, gas and other essentials to rise more slowly, according to a survey by the New York Fed

The UK economy has gone from the best performing economy in the G7 to one of the worst

We've had 550 bank failures the past 20 years. The rules are the bank's assets get sold to repay the uninsured depositors