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US Hiring Surged in May, Boosting Bets on Fed Rate Hike
US hiring increased significantly in May, leading to higher expectations for a Federal Reserve interest rate hike.
Related Signal
Adjacent reporting
- US payrolls rise by 172,000 in May, topping expectations
- Stocks and Bonds Fall as Jobs Fuel Fed-Hike Bets
- US Job Openings Jump to Highest Level in Almost Two Years
- U.S. job growth blows past forecasts, setting stage for Fed rate hikes
- Odds of a Fed hike this year jump on prediction markets
- US economy blew past expectations to add 172,000 jobs in May