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Oil edges lower after US data deflates near term rate cut expectations
StreetInsider· 17 minutes agoEDT (GMT 1542), while U.S. West Texas Intermediate crude futures fell 1 cent to $75.54. Data showed U.S. jobs growth accelerated far more than expected in May, keeping the Fed on track to hold ...
Canada Unemployment Rises, But Wages Spur Caution on July Cut
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Canada’s unemployment rate rose for the third time in four months, but rising wages...
Surprise jobs report pummels Fed rate-cut bets as wages leap
TheStreet via Yahoo Finance· 4 hours agoThe labor-force-participation rate, meanwhile, eased to 62.5%. "This blockbuster report makes it...
All Eyes on US Jobs Data as 2 G7 Banks Start Cutting Rates | Investing.com
Investing.com· 11 hours agoAs widely expected, the European Central Bank (ECB) announced a 25bp rate cut when it met yesterday,...
ECB starts cutting rates, but warns on inflation
AFP via Yahoo Finance· 1 day agoThe European Central Bank made its first interest rate cut since 2019 Thursday, reducing borrowing costs from record highs, but gave few clues about its...
GBP/USD Forecast: Strong US labor market data spoils the Pound Sterling’s party
The Forex Market· 1 hour agoThe Pound Sterling consolidated at three-month highs near 1.2800 against the US Dollar but failed to...
Why you should open a CD in mid-June
CBS News· 2 hours agoSee how much more you could be earning with a top CD account here now. If you've been considering opening a CD this inflationary cycle, the timing could...
Rate cuts will support recovery, ECB's Rehn says
Reuters· 10 hours agoInflation will continue to decline and interest rate cuts will support economic recovery, Finnish ECB policymaker Olli Rehn said in a blog post on Friday...
US employers added a robust 272,000 jobs in May in a sign of sustained economic health
KOAA5· 3 hours agoAmerica’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest ...
JPMorgan, Citi Scrap Fed Rate-Cut Bets for July After Jobs Data
Bloomberg via Yahoo Finance· 40 minutes ago(Bloomberg) -- Economists at Citigroup Inc. and JPMorgan Chase & Co., some of the last holdouts...