Fed should keep cutting rates despite jobs number: U.S. trade adviser Navarro

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Fed should keep cutting rates despite jobs number: U.S. trade adviser Navarro
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White House Trade Adviser Peter Navarro said in a television interview on Friday...

FILE PHOTO: White House trade adviser Peter Navarro listens to a news conference about a presidential executive order relating to military veterans outside of the West Wing of the White House in Washington, U.S. March 4, 2019. REUTERS/Leah Millis

The Labor Department on Friday reported that the U.S. unemployment rate dropped to a near 50-year low of 3.5% last month and job growth increased moderately, though wage growth remained stagnant and manufacturing payrolls declined.

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