Central BanksHigh impact
Cooling US jobs data buys the Fed and stock market more time
www.reuters.com·14 hours ago·Global·1 min read
Source: www.reuters.com
A tepid June jobs report offers relief for U.S. equities just as investors had begun to worry that excessive labor market strength might force the Federal Reserve to turn more hawkish in its fight against inflation, hobbling highflying tech stocks that have driven this year's rally.
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