Breaking: Private sector employment in US rises 37,000 in May vs. 115,000 expected

Private sector employment in the US rose by 37,000 in May, the Automatic Data Processing (ADP) reported on Wednesday. This reading followed the 60,000 increase recorded in April and missed the market expectation of 115,000 by a wide margin.
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US Pres. Trump: Powell must now lower the rate

In a post published on Truth Social on Wednesday, United States President Donald Trump called upon Federal Reserve (Fed) Chairman Jerome Powell to lower the policy rate.
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