US Labor Department

Rise in low-income jobs makes the job easier for Fed in rate hike

The market analysts, economists say that current situation is favoring the US Fed to take a decision on interest rate hike. The improvement in the labor market in low-income jobs is giving much-needed support to the US Fed.

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Spike in US consumer prices seen in September

The Labor Department of the US released data indicating that consumer prices had slightly rose, but did not affect inflation in the US.

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