Here's your summary from US Payrolls Beat Pushes Back Bets for a Fed Rate Cut (https://www.youtube.com/watch?v=BuQbFHu4gvM) on the Bloomberg Television channel:

### TLDR:

US Payrolls beat expectations, leading to a delay in Fed rate cut predictions.

### Key Points:

1. Stronger than expected jobs report indicates no recession.

2. July rate cut is unlikely, with September being a more probable target.

3. Fed may cut rates in September and December due to expected inflation moderation.

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