New Fed rate hike on the way
The U.S. Federal Reserve is on track to make one more interest rate hike, which could mean one of the fastest monetary adjustments in its history, analysts anticipate based on labor market data released this week. According to the Labor Department, the U.S. added 236,000 jobs in March, while the unemployment rate fell by one-tenth to 3.5%. While the number of new…
Jobs report hints that Fed policy is paying off – and that a 'growth recession' awaits
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