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lusakatimes - 16 days ago

US jobs report surprises to upside—forget a summer rate cut from Fed

The latest US jobs report came in hotter than expected, all but shutting the door on hopes for interest rate cuts this summer, says Nigel Green, CEO of global financial advisory and asset management organization, deVere Group. Stock futures surged and bond yields climbed after the US economy added 139,000 jobs in May—well above the [ ]


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