US jobs slowdown puts Fed on hold, lifts $A
Weak hiring by US employers snuffed out any chance of a US interest rate rise in June, catapulting the Australian dollar above US73c.
John Kehoe writes on the economy specialising in North America, monetary policy, markets. Based in Washington, John began his career as an Australian Treasury official before joining The Australian Financial Review in 2008. He has also worked as a sports broadcaster for radio and television.
Weak hiring by US employers snuffed out any chance of a US interest rate rise in June, catapulting the Australian dollar above US73c.
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