Wall Street drops and Dollar climbs following US NFPs, attention turns to CPI dataUS Non-Farm Payrolls data for December revealed a stronger than expected labour market. Employment rose by 256,000 for the month, vastly outstripping the 164,000 forecast, with the increase enough to push the unemployment rate down to 4.1%. The figures stoked fears that the US economy may still be too hot and is potentially re-accelerating, placing upward pressure on inflation.
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