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US job growth tops expectations in June, dimming hopes for near-term Fed rate cut

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    Posted by Two Blokes Jul 3 - Filed in General - #TwoBlokesTrading  - 3 views
    US job growth outpaced expectations in June, with nonfarm payrolls rising by 147,000, a sign of resilience in the labor market that may delay the Federal Reserve's timeline for cutting interest rates. The unemployment rate ticked down to 4.1% from 4.2% in May, beating forecasts for a rise to 4.3%.