- The Fed kept its policy rate unchanged at this week's FOMC meeting but kept alive hopes for at least one rate cut this year.
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- Job openings fell to a 3-year low in March, and fewer people quit their jobs. Declining labor market conditions could be good for rates.
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- Consumer confidence dropped to a 21-month low in April, falling for the 3rd straight month amid concerns about the cost of food and gas.
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