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Jobs report blows past expectations, displaying resilient strength of US economy
Good Morning America via Yahoo News· 12 minutes agoA better-than-expected jobs report on Friday displayed the resilient strength of the U.S. economy,...
Stock market today: Stocks slip after jobs report smashes expectations
Yahoo Finance· 29 minutes agoThe tech-heavy Nasdaq Composite (^IXIC) dropped around 0.4%. Investors have lifted stocks on the ...
US adds 272,000 jobs in May, blowing past expectations
The Hill· 1 hour agoThe May jobs report was far hotter than the expectations of economists, who projected a gain of...
US jobs surge casts doubt over interest rate cuts
BBC via Yahoo Finance· 33 minutes agoEmployers added 272,000 jobs in May, the US Labor Department said, above expectations of 185,000 new roles. The US jobs market is being closely by the...
US Consumer Inflation Cooling, But Expectations for a Rate Cut Are Falling | Investing.com
Investing.com· 5 hours agoCPI data for May will be released on 12 June 2024. US consumer inflation is cooling down slightly,...
Russia’s Hawkish Hold Leaves Rate Hike on Table as Economy Booms
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- Russia’s central bank extended its interest-rate pause but signaled that monetary...
Strong US Payrolls and Wage Growth Push Back Bets for Fed Cuts
Bloomberg via Yahoo Finance· 24 minutes ago(Bloomberg) -- US job growth surged in May and wages accelerated, prompting traders to push back the...
German central bank warns on inflation and cuts 2024 growth outlook
Reuters· 3 hours agoThe warning from Europe's biggest economy is likely to reinforceexpectations that interest rates can...
Fed may wait to cut rates as job market stays strong
Reuters via Yahoo Finance· 37 minutes agoAfter the report, futures contracts that settle to the Fed's policy rate now imply a 53% chance of a rate cut from the current 5.25%-5.5% range by...
ECB policymakers warn about inflation challenge
Reuters via Yahoo Finance· 5 hours agoThe ECB cut interest rates from record highs on Thursday in a long-telegraphed move, but held back from any pledge to ease policy further after inflation...