— more coming
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The US was expected to report an increase of 165K jobs in January, around half the level reported in December: a blockbuster gain of 312K. However, real projections may are probably higher. The private sector ADP NFP came out at 213K, above expectations.
The Federal Reserve made a dovish shift in its decision on Wednesday. The central bank now pledges patience on the next moves in interest rates due to the global slowdown and growing uncertainty, also due to the government shutdown.
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