- Declines to comment if market pricing for a Sept cut (95%) is correct
- Good to see tariffs not thus far driving persistent inflation
- It may take longer to gauge full impact of tariffs in inflation data
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US jobs report shows slowing gains (80k est.) & rising claims. Layoff plans up 35% in Aug. Market watchers eye labor cracks.
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US Bancorp (USB) surges 12% in 3 months, beating XLF, but lags long-term. Mixed Q2 results, EPS up 14.4%, analysts rate 'Moderate Buy'.
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Global stocks rally on US jobs data; Nikkei surges 1% on wage growth. Fed rate cut hopes boost markets.
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Healthcare costs surge 9% in 2026! Weight loss drugs & AI billing drive up premiums, impacting employee wallets.
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