Tag: Jobs data
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Yen Slides as Japan PM Pushes Slow Rate Hikes
Yen under pressure as PM calls for cautious BoJ policy The yen traded near a record low against the euro and hovered at a nine‑month trough versus the U.S. dollar on Thursday after Japan’s new prime minister signaled a preference for a gradual approach to rate hikes. Investors absorbed the remarks as they weighed the…
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Yen Dips as Japan’s PM Pushes Slow Rate Hikes; Aussie Rises on Jobs Data
Japan’s PM Signals Cautious BoJ Path The yen remained under pressure, trading near fresh record lows against the euro and hovering around a nine-month low to the dollar as Japan’s new prime minister reiterated a preference for a gradual approach to interest rate hikes. Investors closely watched comments suggesting the Bank of Japan should tighten…
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Unemployment Latest: Grim or Turning Point for Jobs Market
Shifting Readings: Grim Trends or a Possible Turning Point? The release of the latest labor market figures on Wednesday, November 5, arrives with a mix of expectations and nerves. For months, commentators have debated whether the unemployment rate is on a stubborn climb or if signs of resilience are starting to surface. The answer could…
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White House Withdraws Trump’s BLS Nominee After Jobs Data Controversy
What happened The White House has filed paperwork with the Senate to withdraw the nomination of E.J. Antoni to lead the Bureau of Labor Statistics (BLS), three sources familiar with the matter told CNN. The move comes after CNN’s KFile revealed a now-deleted Twitter account that featured sexually degrading remarks about Kamala Harris, disparaging comments…
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White House Withdraws BLS Nomination Following Jobs Data Controversy
What happened The White House has formally withdrawn the nomination of E.J. Antoni to head the Bureau of Labor Statistics, with the administration sending the paperwork to the Senate. The move effectively ends Antoni’s bid to become the commissioner of the independent statistical agency, a position that deals with one of the government’s most closely…
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White House Withdraws Trump Nominee to Lead BLS After Jobs Data Controversy
Overview: A sudden withdrawal from the nomination race The White House has filed paperwork with the Senate to withdraw the nomination of E.J. Antoni to lead the Bureau of Labor Statistics (BLS), three sources familiar with the matter told CNN. The move follows renewed attention over Antoni’s public record and a broader unease about the…