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10/7/06

BBC NEWS: US jobs figures reveal slowdown - which could also effect European economy

For the complte report from the BBC NEWS click on this link

US jobs figures reveal slowdown - which could also effect European economy

The US economy has slowed markedly in the second half of the year, and the once red-hot housing market has cooled. This has led to speculation that the US Federal Reserve, which recently paused its two-year cycle of interest rates rises, could now cut rates next year.

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