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Fed cuts rates as plunging job gains trigger alarm for economy
The Federal Reserve cut interest rates Wednesday for the first time this year as the central bank attempts to ease pressure on the weakening U.S. job market. The Federal Open Market Committee (FOMC) — ... Read More
Only a really big jobs report might stop the Fed from cutting interest rates. Don’t count on it.
Perhaps the only thing that might stop the Federal Reserve from cutting interest rates in a few weeks would be a surprisingly strong U.S. jobs report. Just don’t count on it. Read More
A weak August jobs report will tee up the Fed to reduce interest rates. A worse one may spur even more cuts.
Is the August jobs report the biggest in years? Probably not, but another tepid increase in hiring is sure to cement a reduction in U.S. interest rates this month — and possibly more cuts after that. Read More
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