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Just-In: US Labor Shock Raises Rate Cut Bets, Bitcoin Still Down

US employers announced a sharp rise in job cuts in October, adding new pressure on the Federal Reserve ahead of its December policy meeting on rates. It was the highest total for any October since 2003. Layoffs Surge Boosts Expectations For December Fed Rate Cut Challenger Gray reported 153,074 layoffs, up 183% from September and

The post Just-In: US Labor Shock Raises Rate Cut Bets, Bitcoin Still Down appeared first on CoinGape.

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