Sharp Rise in US Unemployment Rate Amplifies September Rate Cut Odds

Disappointing job additions and a shock rise in unemployment in July have piled on the pressure for the Fed. Expectations of a 50-basis point cut in September gain traction

Aug 26, 2024 - 22:18
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Sharp Rise in US Unemployment Rate Amplifies September Rate Cut Odds
Disappointing job additions and a shock rise in unemployment in July have piled on the pressure for the Fed. Expectations of a 50-basis point cut in September gain traction

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