agriculture
U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate Cuts
U.S. consumer prices came in higher than expected in January as inflation showed few signs of slowing down.
U.S. consumer prices came in higher than expected in January as inflation showed few signs of slowing down.
The latest jobs report shows that job growth slowed in the month of October, coming in under economists’ expectations, while the unemployment rate was unchanged.
The economy grew by 206,000 jobs in June, but unemployment was above 4% in the same month, according to the Labor Department said on Friday.
U.S. job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers.