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0 0.000515921923815549 -0.00111783083493361 0.000917194531227588 -0.0019347072143081 -0.00392673908681821 0.00372610278311219 0.00897130900857002
Stock impact report

Strong jobs report likely to keep Fed on hold for a while [Yahoo! Finance Canada]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
"[The jobs report] pours cold water on the idea the Fed could cut rates again before mid-year and will fuel internal debate as to how restrictive policy is and how much slack there is in the labor market," Evercore ISI head of economics and central banking Krishna Guha said. The economy added 130,000 jobs in January — about double the number economists had anticipated — while the unemployment rate inched down to 4.3% and the labor force participation rate edged up. President Trump called the report "far better than expected" and said the US should be paying much less on its bonds. "We are again the strongest Country in the World, and should therefore be paying the LOWEST INTEREST RATE, by far. This would be an INTEREST COST SAVINGS OF AT LEAST ONE TRILLION DOLLARS PER YEAR - BALANCED BUDGET, PLUS," Trump posted on Truth Social. But with three rate cuts last fall and many Fed officials feeling enough has been done for now to support a job market that looked to be slipping last Show less Read more
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