Monday, February 6, 2023

Inflation fears return as Jobs Report jolts Wall Street

Inflation fears return as Jobs Report jolts Wall Street

Snippet of Article: "Much stronger-than-expected U.S. job growth stopped early-year rallies in stocks and bonds dead in their tracks on Friday, forcing Wall Street to recalibrate expectations for how much more hawkish the Federal Reserve will need to be in its fight against inflation. ...renewed the inflation concerns that hammered stocks and bonds last year, reinforcing some investors' belief..."

Source: www.reuters.com

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