US Jobs Data Relieves Fed Pressure as Global Economy Slows

Reported 1 day ago

Recent US job data showed stronger-than-expected growth, easing the Federal Reserve's considerations for interest rate cuts in the near term. Although the unemployment rate fell to 4.1%, growth in private payrolls decelerated. Meanwhile, difficulties in Asia's manufacturing sector persisted, and other regions, such as Europe, exhibited mixed economic signals, raising concerns about global growth sustainability.

Source: YAHOO

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