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

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