Tesla vehicles are being assembled by robots at the Tesla Motors factory in Fremont, California. US factory activity slowed but the economy remains on track for the US Federal Reserve to raise interest rates two times this year. Photo: Reuters

US factory activity slows but labour market stays tight and Fed on track to raise rates in June

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Tesla vehicles are being assembled by robots at the Tesla Motors factory in Fremont, California. US factory activity slowed but the economy remains on track for the US Federal Reserve to raise interest rates two times this year. Photo: Reuters
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