The economy is estimated to have created a solid 161,000 new jobs in August, up from a lackluster 114,000 in the prior month. If hiring actually rebounded and meets the Wall Street forecast, economists say the Fed would likely stick to a quarter-point reduction in its key U.S. interest rate at its Sept. 17-18 meeting.
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Source:www.marketwatch.com
Original Image Link
Source:www.marketwatch.com
Posted: 2024-09-06 01:15:00