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Surging US Jobs Report: A Signal for Another Fed Rate Hike?

The Bureau of Labor Statistics reported on Friday that nonfarm payrolls increased 336,000 last month, following significant upward amendments to the data from the preceding two months. The unemployment rate remained steady at 3.8%, while wage growth maintained a moderate rate. The Federal Reserve will undoubtedly remain cautious and significantly…
Jerome Powell Luke Tilley Market Committee Federal Reserve Bureau Of Labor Statisticsreported On Economist At Wilmington Trust Corp

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