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Payroll growth slows, uptick in jobless rate bolsters Fed cut hopes
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US hiring and wage growth stepped down in June while the jobless rate rose to the highest since late 2021, bolstering prospects that the Federal Reserve will begin cutting interest rates in coming months.
Nonfarm payrolls rose by 206,000 and job growth in the prior two months was revised down by
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Latest Market News Today Live Updates July 27, 2024: Gold rate today at a four-month low. Should you buy as cooling US inflation fuels US Fed rate cut buzz? livemint.com /3 months ago
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US economy beats expectations with 2.8% growth in second quarter investmentweek.co.uk /3 months ago
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