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Fed seen leaning toward another rate hike after big jobs gain

'The acceleration in growth justifies higher rates and hawks will remain concerned about backsliding on progress made on inflation,' says an economist.

A hotter-than-expected jobs report will likely nudge the Federal Reserve toward raising interest rates again by the end of the year.

Nonfarm payrolls increased 336,000 last month after sizable upward revisions to the prior two months, a Bureau of Labor Statistics report showed Friday. The un

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