英式商务英语【6Sep2022】附原文及实用单词短语

【今日单词】assuage  /əˈswāj/verbmake (an unpleasant feeling) less intense."the letter assuaged the fears of most members"-----------------------原文如下：The day in the marketsby  Harriet Clarfelt(来自：The Financial Time 金融时报)What you need to know• Interest rate concerns push Wall Street to third consecutive week of losses• US jobs market shows signs of slowing• European shares extend gainsUS stocks were on track to post their third weekly decline in a row after data showing a slight uptick in unemployment failed to assuage concerns that the Federal Reserve will continue to sharply boost interest rates.Wall Street’s broad S&P 500 rose 1.1 per cent in choppy afternoon trading yesterday, but remained down about 1.3 per cent for the week. The Nasdaq Composite climbed by a similar margin but was also about 1.9 per cent in the red from last Friday’s closing level.The US jobs report, released yesterday, showed that the pace of hiring slowed from 526,000 the previous month to 315,000 in August — slightly exceeding economists’ forecasts of a sharper slowdown.However, the unemployment rate unexpectedly ticked up from 3.5 per cent the previous month to 3.7 per cent, suggesting to some economists that the jobs market was losing momentum.Jobs data have been closely scrutinised in recent months for clues about how aggressively the Fed will tighten monetary policy, with evidence of a hotter labour market fuelling expectations of larger and faster interest rate rises.Conversely, indications of cooling jobs activity have helped to reduce projections of how far the Fed will opt to increase borrowing costs, as it strives to strike a balance between quelling rapid price growth and pushing the US economy even further into a protracted slowdown.“The labour market is moving in the right direction for policymakers,” said Jeffrey Roach, chief economist for LPL Financial.The labour force participation rate — the share of the working age population in work or actively seeking employment — stood at 62.4 per cent in August, yesterday’s figures showed. July’s proportion stood at 62.1 per cent.Expectations for Fed rate increases cooled slightly after the jobs report, with trading in federal funds futures suggesting that markets expect the Fed to raise its main rate to 3.82 per cent by February from a projection of 3.89 per cent at the close on Thursday.The yield on the 10-year US Treasury note lost 0.03 percentage points to 3.23 per cent. The policy-sensitive two-year yield dropped 0.1 percentage points to 3.43 per cent, having this week touched its highest point in 15 years. Bond yields rise as their prices fall.European shares extended their gains after the jobs data release, with the regional Stoxx 600 index adding 2 per cent — putting the brakes on five straight days of declines. 

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