June Jobs Report Keeps Fed on Track to Raise Rates

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 7 July 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

The June U.S. jobs report shows hiring cooled slightly. But wages rose and the unemployment rate is still historically low, likely leaving the Fed on track to raise rates later this month. Plus, why are the world’s autocrats so resilient? U.K. bureau chief David Luhnow explains. And, West Coast bureau chief Ben Fritz talks about his four-part series With Great Power: The Rise of Superhero Cinema. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Aala.
0:03.0	Aala isn't a company that belongs to one person.
0:06.0	It's a cooperative that belongs to all Aala farmers.
0:10.0	So they care about doing things right.
0:12.0	They care about their girls, their land,
0:15.0	and everything they put on the table.
0:17.0	Like your favourite Aala Cravendale,
0:19.0	Aala Protee, Aala Lacto Free and Aala Skier.
0:23.0	Why would they do things any other way?
0:25.0	Aala owned by farmers.
0:30.0	The June Jobs report likely keeps the Fed on track to raise rates.
0:39.0	And the White House says there's no pathway to a resolution in talks with Russia
0:43.0	on a swap for Wall Street Journal reporter Evan Gerskowicz
0:46.0	as we mark the 100th day of his detention.
0:49.0	Plus, why the world's autocrats are so resilient.
0:52.0	It's sort of a merge, what I call sort of a regime playbook,
0:55.0	sort of a best practices of repression.
0:57.0	If you look at how mass protest movements are dealt with nowadays in these regimes
1:02.0	from Venezuela to Nicaragua to Iran,
1:05.0	it looks quite similar.
1:07.0	It's Friday, July 7th.
1:09.0	I'm Amary Fertoli for the Wall Street Journal.
	...

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