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Takeaways by Bloomberg AI
Jobs week lies ahead for the US, which means a heavy slate of data ahead of the capstone monthly employment report from the Bureau of Labor Statistics on Friday.
Forecasters expect the report to show monthly job growth more than doubled in October, to 65,000, while the unemployment rate remained steady at 4.2%. That would leave the Federal Reserve on track for additional interest-rate increases in the months ahead to combat inflation.