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Home Entertainment

Jobs Data Revives Wall Street’s Hopes for a Rate Cut

3 May 2024
in Entertainment
Jobs Data Revives Wall Street’s Hopes for a Rate Cut
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Just as Wall Street appeared to come to terms with the idea of high interest rates sticking around for longer, a cooler-than-expected jobs report on Friday brought the idea of rate cuts back into the conversation.

The Labor Department reported that job and wage growth in April came in lower than economists had expected, a shift after months of…



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Tags: cutDatahopesJobsrateRevivesstreetswall
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