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Dollar Soars To 27-Month Highs, 30-Year Yields Hit 5%, Stocks Tumble As Jobs Report, Oil Spike Darken Fed's Interest Rate Cut Hopes
Summary
Strong jobs report fuels Fed hawkishness, spurs market fears. Unemployment drops, wages rise, rates may not be cut until 2025. Dollar and yields jump.
Original Article
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Read Full ArticleArticle published on January 10, 2025 by benzinga