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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy
Jake Angelo

Jake Angelo

US Newsroom Fellow

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Strong jobs data complicates Warsh’s path to lower rates

The US added 172,000 jobs in May, blowing past expectations and boosting the odds, in traders’ eyes, of a Fed rate hike.
A now hiring sign is seen in a store windowBrian Snyder/Reuters