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Analyst: The Fed Has More Reasons to Hold Off on Rate Cuts
BlockBeats News, July 3rd, Analyst Jonnelle Marte stated that an unexpectedly strong nonfarm payroll report may provide the Federal Reserve with further reason to hold off longer this year before taking action and almost certainly alleviate worries about the labor market, thus ruling out the possibility of a rate cut in July. (FXStreet)
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