Dollar Dips as Labor Market Slowdown Bolsters Case that Fed is Done Raising Rates
<p>USD/JPY declines on expectations BOJ will let rates rise quickly Fed rate cut bets fully priced in by March meeting; implied rate stands at 5.123% Fed’s Bostic noted US employment gains are slowing in an orderly manner, no need for tightening NFP Day The US economy should continue to gradually weaken as the labor market […]</p>
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