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June’s 222,000 Payrolls Is Just What the Federal Reserve Needed

May 20, 2023
in Trade Tube
Reading Time: 1 min read
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The economy added 222,000 jobs in June, topping estimates of 170,000, putting the Federal Reserve on track for another rate hike this year.

That’s the assessment from John Lonski, chief capital markets economist at Moody’s Analytics.

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