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January Non-Farm Payroll Eve: Strong Data Spurs Possible Delay In Fed Rate Cut

2024-01-31 | Economic Data ,Federal Reserve ,Interest Rates ,Non-Farm Payroll

As we step into 2024, global economic events are unfolding.

This week marks the release of interest rate decisions by the U.S. and U.K. central banks, followed by the eagerly awaited non-farm payrolls report in January!

Doo Prime invites you to stay tuned as we closely follow these developments, particularly the latest non-farm payroll data. The uncertainty surrounding March’s interest rate cut stems from mixed U.S. economic data observed last week.

As we approach the non-farm payroll release, let’s analyze global economic trends together to make informed investment decisions!

January Non-Farm Payroll Eve: Strong Data Spurs Possible Delay In Fed Rate Cut

Current Affairs

2024-12-20 | Current Affairs

Senators Urge Biden to Delay ByteDance’s TikTok Sale Deadline

Two U.S. senators, Democrat Ed Markey and Republican Rand Paul, are calling on President Joe Biden to grant ByteDance a 90-day extension on the January 19 deadline for selling TikTok’s U.S. operations or facing a nationwide ban. The senators emphasized that the legal uncertainties surrounding the case and its potential impact on free speech warrant more time.

2024-12-20 | Current Affairs

Amazon Workers Strike at Warehouses During Holiday Rush

Thousands of Amazon.com workers are set to walk off the job on Thursday at 6 a.m. ET (1100 GMT) at several key U.S. warehouses, just days before the peak of the holiday shopping season. The strike was called after union officials accused the e-commerce giant of failing to engage in contract negotiations.

2024-12-17 | Current Affairs

Oil Prices Range-Bound Ahead of Fed Rate Decision

Oil prices remained range-bound in early Asian trading on Tuesday as investors awaited direction from the U.S. Federal Reserve’s upcoming interest rate decision and expressed concerns about demand from China.