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    Strong Hiring Is Becoming Bad News for Borrowers

    Byadmin June 6, 2026June 19, 2026

    A healthy labor market is reassuring investors. It may also be keeping mortgages, credit cards, and auto loans more expensive for everyone else. Stronger-than-expected U.S. employment data this week increased market expectations that the Federal Reserve could keep interest rates elevated for longer than many investors had anticipated, according to Reuters. March and April payroll figures were revised…

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