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Koefoed: Why June NFPs may clip wings of Fed hawks
The US added 223,000 new jobs in June, fewer than the 230,000 expected. Moreover, the report saw job numbers from April and May revised down and flat wage growth for June. According to Saxo Bank’s Mads Koefoed, another poor report would make a September rate hike from the US Fed unlikely and here's why.
01:35 minutes
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