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New York Fed Survey Reveals Price Pressures | Markets & Money News
The New York Fed's October survey reveals significant price pressures in the service sector, with input costs rising sharply and selling prices reaching their highest level since 2022. Business sentiment is notably negative, marking the worst outlook since March. Despite this, low unemployment and strong tech investment suggest a mixed economic landscape. Ongoing inflation, driven by trade tariffs and rising energy costs, poses further challenges, prompting expectations of more Federal Reserve
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