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US September jobs growth collapses to 29K, Fed rate path in question
Financial Times·US·3 days ago
US September nonfarm payrolls rose only 29,000, well below expectations, cooling Fed hike bets and raising odds of policy easing. This shift in US monetary outlook is seen as a tailwind for Argentine assets, which are sensitive to global liquidity and dollar dynamics. The data is preliminary and subject to revision, but the market reaction suggests a clear directional shift.
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