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Hawkish Jobs Report, Higher Inflation Expectations Hit Fed Rate-Cut Odds; S&P 500 Falls
Consumer inflation expectations jumped amid Trump tariff threats, the University of Michigan consumer sentiment index showed on Friday. That followed a January jobs report which was, on balance, on ...
US dollar rises in volatile trade as jobs data delays Fed rate cuts
The dollar index, which measures the U.S. currency against the yen, sterling and other peers, rose to as high as 108.02. It ...