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kate mckee, -- mike mckee, liz mccormick, breaking down what we saw the labor market today. that the unemployment rate ticked up. is it enough for the fed to say that we need to start thinking about rates here? we did see some movements in the rate market. the two-year, really sensitive to the rates and terms of the fed. 4.61%. coming up, backing into provence . the economic conference in france, the euro group resident join us next to give us the outlook. that's more elections coming up on sunday. i forgot about tonight with president biden, he's got the abc thing. there is a lot going on out there, people. stay tuned. this is bloomberg. ♪ paul: -- caroline: political risk, one down in the u.k., another to go in france. there's plenty of economic impact occurring amid this very political narrative. we want to dovetail both together. paschal donahoe is the euro group president sitting down with us today. >> there are a lot of political figures here this year and we have paschal, euro group president, joining me now. very nice to be with you. thank you for having me on your p