Fed Rate Hike Bets Accelerate As 10 Million Jobs Go Unfilled In April, Adding to Inflation Pressures

Fed Rate Hike Bets Accelerate As 10 Million Jobs Go Unfilled In April, Adding to Inflation Pressures

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The U.S. job market continued to strengthen over the month of April, data from the Bureau of Labor Statistics indicated Wednesday, building an even stronger case for the Federal Reserve to extend its rate hiking cycle into the summer. The Job Openings and Labor Turnover Survey, known as JOLTS,…

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