Weak US Jobs Data Call Fed’s Wait-and-See Approach Into Question

Weak US Jobs Data Call Fed’s Wait-and-See Approach Into Question



Weak US Jobs Data Call Fed’s Wait-and-See Approach Into Question
A weaker-than-expected July jobs report is calling into question the Federal Reserve’s wait-and-see approach to interest-rate cuts, boosting the likelihood of a reduction at the central bank’s next meeting in September.


www.bloomberg.com
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