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The Manila Times on MSN18m
Fed likely to leave rates unchanged
The Labor Department's monthly employment report showed the unemployment rate held steady at 4.2 percent last month. Employers added 139,000 jobs, which combined with downward revisions to prior ...
The U.S. Federal Reserve's ability to steer the economy through interest rate adjustments depends on market confidence. If rates are rising due to runaway debt, the Fed may find itself forced to raise ...