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Latosha Hostert efLh
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Israel’s defense minister announces ‘special situation’ after Israeli attack on Iran
#IsraelIranWar
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Oil prices fall more than 2% on reports Iran wants to end hostilities with Israel Tehran has told Arab officials that it is open to returning to the negotiating table so long as the U.S. doesn’t join Israel’s air campaign, European and Middle Eastern officials told The Wall Street Journal. Iran wants Saudi Arabia and other Arab nations to message Trump about pressuring Israel for a ceasefire and is offering to restart nuclear deal negotiations, Reuters also reported. $BTC $ETH #IranIsraelConflict
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Iran suspends nuclear negotiations with U.S. after Israel attacks, state TV says
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Nonfarm payrolls rose 139,000 for the month, above the muted Dow Jones estimate for 125,000 and the downwardly revised 147,000 that the U.S. economy added in April. The unemployment rate held steady at 4.2%. #Nonfarmpayroll
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European Central Bank trims interest rates after inflation dips below target The central bank’s decision comes at a critical time for the euro zone economy as businesses and policy makers face increasing uncertainty in the wake of rising geopolitical tensions #ECB
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June 2 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee said on Monday he continues to think the U.S. central bank will be able to lower short-term borrowing costs after the "dirt in the air" of uncertainty from tariff policies gets cleared up. "If we can get past this bumpy period, the dual mandate looks pretty good," Goolsbee said in a webcast interview with the Quad Cities Regional Business Journal in Davenport, Iowa. The Fed's dual mandate refers to its two goals: full employment and price stability. Goolsbee said he continues to believe that if the economy remains in that state and tariffs don't turn out to be as aggressive as announced on April 2, the Fed's policy rate will probably be a "fair bit" lower within the next 15 months. #interestrates
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