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World Street | Powell stays hawkish, US job market turns tight, Spotify demands a premium, and more

Tracking top global news developments, US Federal Reserve Chairman Jerome Powell is no hurry to ease hawkish monetary policy, followed by tight US labour market

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Japanese Yen bulls remain on the sidelines amid divergent BoJ-Fed outlook

The Japanese Yen (JPY) ticks higher against its American counterpart during the Asian session on Thursday and looks to build on the previous day's modest bounce from the vicinity of a multi-decade low.

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Small businesses are still hungry to hire, but many workers eye better pay elsewhere

Small businesses are still hungry to hire, but many workers eye better pay elsewhere
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Fed unlikely to make rate cuts soon, says Powell

Fed unlikely to make rate cuts soon, says Powell
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Top 3 US Stocks To Watch in April 2024

The US stock market has witnessed a three-day streak of losses after fading expectations of an early interest rate cut. Federal Reserve Chairman Jerome Powell…

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Fed chair needs 'more evidence' to begin lowering rates

Fed chair needs 'more evidence' to begin lowering rates
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Powell Reiterates That Interest Rate Cuts Are Still Likely in 2024

Powell Reiterates That Interest Rate Cuts Are Still Likely in 2024
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Mets owner Steve Cohen casts doubt on Fed's ability to get to 2% inflation target

The US economy hasn't experienced a 2% inflation reading in more than a decade.

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U.S. stocks close mixed after Powell's speech -Xinhua

U.S. stocks close mixed after Powell's speech -Xinhua
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U.S. stocks close mixed after Powell's speech

U.S. stocks close mixed after Powell's speech
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