The latest jobs report crushed expectations, showing more than 250,000 jobs added to the U.S. economy. It’s a strong show of growth for the nation even as frustration over inflation continues. Joey Garrison, White House Correspondent for USA Today, joins On The Hill to discuss the positive report.
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Stock markets and oil prices rallied Tuesday after China’s central bank unveiled fresh stimulus measures to kickstart growth in the world’s number two economy. After a string of weak data that fanned worries about the country’s financial health and particularly its property sector, the Chinese central bank said it would cut a slew of rates
Stocks paint a picture of booming growth and soaring corporate profits under a Fed regime of lower interest rates. The bond market is signaling something else.
Stock markets and oil prices rallied Tuesday after China’s central bank unveiled fresh stimulus measures to kickstart growth in the world’s number two economy. After a string of weak data that has fanned worries about the financial health of the country, China’s central bank said it would cut a slew of rates to boost growth.
An interest rate cut last week aimed to maintain job growth, experts said.
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