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In the week ending May 18, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 8,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 222,000 to 223,000. The 4-week moving average was 219,750, an increase of 1,750 from the previous week's revised average. The p revious week's ...
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Federal Reserve officials of late have been worried both about the persistence of inflation and a slowing economy, minutes of the central bank’s recent meeting released on Wednesday showed. The Fed chose to keep its key interest rate steady at the highest level in some two decades at its April 30 to May 1 gathering. Officials will meet again June 11 and 12 ...