US employers added 236,000 jobs in March, unemployment at 3.5%
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US employers added 236,000 jobs in March, unemployment at 3.5%

ByNews Polite

US hiring slowed in March – but the jobs market remains historically tight in a trend that could put pressure on the embattled Federal Reserve to proceed with another interest rate hike. Nonfarm payrolls increased by 236,000 last month, according to the Labor Department’s closely-watched March jobs report released Friday….

Consumer prices — a key inflation gauge — hotter than expected in August
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Consumer prices — a key inflation gauge — hotter than expected in August

ByNews Polite

A key inflation indicator showed higher-than-expected increases in core prices in August, adding more pressure on the Federal Reserve to act despite the risk of a deeper recession. Consumer prices increased by 6.2% in August compared to the same month one year ago, according to the Commerce Department’s Personal Consumption…