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US employers added over 300k jobs in March, what does it mean for interest rates?

Invezz Wednesday, 24 April 2024 ()
In a robust display of economic strength, US employers added more than 300,000 jobs in March, marking the largest gains in nearly a year and pushing the jobless rate down to 3.8%. The surge in hiring across various sectors suggests continued economic resilience, challenging expectations of imminent interest rate cuts. Significant job gains across multiple […]
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News video: Key Federal Reserve Inflation Gauge Rose 2.8% in March

Key Federal Reserve Inflation Gauge Rose 2.8% in March 01:30

Key Federal Reserve Inflation Gauge , Rose 2.8% in March. According to Commerce Department data released on April 26. the personal consumption expenditures (PCE) price index, not including food or energy, rose 2.8% year-over-year in March. . That exceeded Dow Jones estimates of 2.7%, CNBC...

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