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US jobs figures for August showed an increase of 162,000 roles, exceeding analyst expectations of 56,000. This has led to speculation regarding a potential interest rate hike by the Federal Reserve, as inflation remains above target levels. President Trump has called for lower interest rates, arguing that high rates disadvantage the US economy.
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US jobs figures for August showed an increase of 162,000 roles, exceeding analyst expectations of 56,000. This has led to speculation regarding a potential interest rate hike by the Federal Reserve, as inflation remains above target levels. President Trump has called for lower interest rates, arguing that high rates disadvantage the US economy.
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Surprisingly strong US jobs figures fuel rate rise bets
US Jobs Figures Exceed Expectations, Prompting Rate Hike Speculation