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πŸ‡ΊπŸ‡Έ US labor market stability is now an argument against rate cuts, not for them

πŸ‡ΊπŸ‡Έ US labor market stability is now an argument against rate cuts, not for them

New York Fed President John Williams said the risk to the outlook now tilts toward inflation, not growth, as weekly jobless claims fell to 215,000 and the US trade deficit widened to $77.6bn in May.

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