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Sun, Jun 06, 2004 - Page 11　News List

US beats employment forecasts

ELECTION BOON?Employers in the world's largest economy added 248,000 jobs last month, and many analysts think it's a sure sign that the Fed will raise interest rates

REUTERS , WASHINGTON

Treasury Secretary John Snow played down that possibility, predicting during an interview on Bloomberg Television that oil prices will fall "over time" and insisting there was no evidence of a breakout in inflation pressures.

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