Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Payrolls data showing solid wage growth keeps Fed on track to hike rates

Nonfarm payrolls increased 209,000 last month

Bloomberg News

A solid employment report with stronger-than-expected wage growth for June keeps the Federal Reserve on track to raise interest rates this month and mull another hike as soon as September. Nonfarm payrolls increased 209,000 last month, less than economists expected, and job gains over the prior two months were revised lower, a Bureau of Labor Statistics report […]

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