Monday, August 3, 2026

HomeBusiness NewsWall Street dives on jobs data, ASX set to tumble

Wall Street dives on jobs data, ASX set to tumble

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While refusing to claim victory on either the jobs or the inflation fronts on Wednesday, before the discouraging economic reports hit, Powell said Fed officials “have a lot of room to respond if we were to see weakness” in the job market after hiking its main rate so high.

“Certainly…



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