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The Economic Times
The Economic Times
Business

Charting the global economy: Jobs, inflation feed rate-hike bets

Inflation United States

A blowout US jobs report prompted bets that the Federal Reserve will raise interest rates in 2026 as the ongoing Iran war fans inflation risk.

Hiring may have received a boost from the upcoming World Cup, but the breadth of job gains across industries offered some assurance that things are looking up for the labor market.

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