In the Unlock the Editor’s Digest, Roula Khalaf selects key stories, including the US economy adding 254,000 jobs in September, leading to speculation of a slower pace of interest rate cuts by the Federal Reserve. The strong job market is seen as positive for Vice President Kamala Harris’s presidential bid, with economists praising the robust growth and employment. Despite the positive data, concerns remain about potential recession fears and the impact on interest rate policies moving forward.
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US inflation fell more than expected to 2.8% in February
US inflation fell to 2.8% in February, below expectations, prompting speculation of Federal Reserve interest rate cuts amid slowing economic growth. President Trump's tariffs have caused uncertainty and market volatility, with concerns over potential inflationary impacts. The Bank of Canada also cut rates due to trade tensions, while sectors like medical care and used cars saw price increases in February. Full Article
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