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In the week ending May 11, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 10,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 231,000 to 232,000. The 4-week moving average was 217,750, an increase of 2,500 from the previous week's revised average. The previous week's ...
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post: FED'S BARKIN: I DO BELIEVE INFLATION IS COMING DOWN, BUT IT WILL TAKE MORE TIME. post: FED'S BARKIN: THE QUESTION NOW IS FOR HOW LONG RATES NEED TO BE HELD WHERE THEY ARE TO GET THE REQUIRED IMPACT ON INFLATION. post: FED'S BARKIN: THE INFLATION STORY IS MUCH LONGER TERM THAN WHAT HAPPENS IN THE MARKET.
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