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The Weekly Bottom Line: Hot GDP Report Adds to Case for a Rate Hike
U.S. Highlights Congress passes a deal to suspend the debt limit, averting the “worst case scenario” of a default. Today’s Nonfarm Payrolls Report featured a big jobs gain (+339k) and a pop in the unemployment rate (+0.3 percentage points). The health in the labor market is consistent with our view that policy easing won’t come […] The post The Weekly Bottom Line: Hot GDP Report Adds to Case for a Rate Hike appeared first on Action Forex...
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Posted: Jun 3 2023, 03:45
Author Name: actionforex
Views: 081388