Is the US labour market too strong for a rate cut?

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In the past week, the US has released a range of data showing an extremely strong labour market, including a surge in job creation in September, which does not imply a cut in interest rates in the near future. However, data on average hourly earnings is moderating, which is more positive. Click here to listen to STANLIB’s Chief Economist, Kevin Lings, discuss the trends.

9 Oct 2023 English South Africa Investing · Business News

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