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Wall Street up despite US jobs data dashing early rate cut hopes

NEW YORK: Wall Street stocks edged higher Friday (Jan 5), despite strong US jobs numbers pouring cold water on hopes the Federal Reserve will cut interest rates in the world's top economy in the next few months. The Fed signalled last month that it sees itself beginning to cut interest rates in 2024, which
Red Sea Djibouti General Jack Ablin Michael Hewson Federal Reserve European Union

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