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Published 20:33 IST, August 29th 2024

US weekly jobless claims fall; second-quarter GDP revised higher

The labour market slowdown and subsiding inflation have positioned the Federal Reserve to start cutting interest rates next month.

Reported by: Thomson Reuters
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US weekly jobless claims fall slightly
US weekly jobless claims fall slightly | Image: Freepik
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20:33 IST, August 29th 2024