Much worse-than-feared US employment figures yesterday provided further persuasive evidence that the world's largest economy is in recession, but Wall Street reacted calmly because the data fuelled hopes of more big cuts in American interest rates.
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US jobs data much worse than expected
Much worse-than-feared US employment figures yesterday provided further persuasive evidence that the world's largest economy is in recession, but Wall Street reacted calmly because the data fuelled hopes of more big cuts in American interest rates.
