(Reuters) - An early look at the state of the U.S. job market in June from payroll provider UKG suggests some strengthening, even as the Federal Reserve lifts interest rates
It was his most explicit acknowledgement to date that steep interest rate hikes could tip the US economy into recession. Read more at straitstimes.com.
Asian markets struggled Thursday to recover from the previous day's battering, while oil extended losses, after Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the…
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HONG KONG Asian markets mostly rose on Thursday on bargain buying after the previous day's battering, though oil extended losses after US Federal Reserve (Fed) boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation.Soaring prices and the battle by central banks to rein them in have sent a chill through