US Labor Market Stronger Than Expected, Raises Doubts About Rate Cuts
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#275a7504 ver:1.74

US labor market stronger than expected with 272k jobs added in May, exceeding estimates. Unemployment rate rose to 4%, while wages increased by 4.1%. Likelihood of Fed rate cut in September decreased to 47%. Investors now pricing in a 53% chance of rate cut. #USjobs #economy #Fed...

#newstr #UsLaborMarket #InterestRates #Inflation #UsEconomy #Bitcoin 

 https://here.news/story/275a7504?ver=1.74