insert_link World US job far exceeded expectations in March The US economy added 303,000 jobs in March, many more than expected, according to new data on Friday. Analysts warn the ongoing strength of the labour market, and inflation high above the Federal Reserve's 2% target, could see the central bank keep interest rates higher for longer. Sally Patterson reports. todayApril 8, 2024 28
World Asian markets drop as traders temper rate cut bets Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets on interest rate cuts may have gone too far, forcing traders to take a step back. Markets surged last month as data pointing to slowing inflation and softer job markets combined with a dovish turn by Federal Reserve officials to stoke expectations they will next year begin loosening monetary policy. Those hopes […] todayDecember 5, 2023 2
