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Friday’s US jobs report will likely determine the size of the Fed’s rate cut
The US economy appears to be on a knife’s edge, and Friday’s jobs report will be the deciding factor as to the next direction. The August jobs report is expected to provide some much-needed clarity as ... Read More
‘The sky is not falling’: US economy added 142,000 jobs in August
All eyes were on the US labor market, and the latest check-up shows its diagnosis was not as bleak as some feared: Job growth returned to solid form in August, and unemployment trended back down after ... Read More
How Will Friday's Jobs Report Affect The Fed's Decision on Interest Rate Cuts?
A worse-than-expected report on the labor market in August raised the odds that the Federal Reserve would open its rate cut campaign in September with a jumbo 50-point cut. Read More
Two key inflation reports this week will help decide the size of the Fed's interest rate cut
The Bureau of Labor Statistics will first release the consumer price index Wednesday and then the producer price index Thursday, both measuring August prices. Read More
Jumbo-sized rate cut: Fed slashes rates by a half percentage point
In a significant shift for the US economy, the Federal Reserve is expected Wednesday to announce its first interest rate cut since Covid. Read More
Friday Jobs Report Seen as Determining Size of Rate Cut
But at the risk of visualizing a wolf where one doesn’t exist, it’s looking like tomorrow’s jobs report may be one that really counts. On Thursday, stocks whipsawed ahead of that data, with investors ... Read More
August Jobs Report Could Change Fed Interest Rate Cut Expectations
This week’s August employment report will be critical for Fed interest rate policy. The first Federal Reserve interest rate cut is likely to come on September 18. Read More
Fed goes with half-point interest rate cut. What that means.
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit cards and auto loans. Read More
Mixed Jobs Report Keeps Fed on Track for Rate Cuts: What the Experts Are Saying
There is no crisis, and the Fed can be patient. We expect a rate cut in September, but they are likely to start the easy cycle with caution." – Scott Helfstein, head of investment strategy at Global X ... Read More
Indian shares post worst week in three months, key US jobs data on tap
India's benchmark indexes are set to open little changed on Friday, as traders await a crucial U.S. jobs report to gauge the size and speed of the Federal Reserve's interest rate cuts. Read More
US Jobs Data Highlights: Report raises the odds of a 50 basis point rate cut on Sept 18
Traders brace for the non-farm payroll report, which could influence the size of a Federal Reserve rate cut later this month. Last month’s weak payroll data triggered a global equity sell-off, ... Read More
Jobs report may determine size of Fed’s rate cut
Friday’s U.S. jobs report could be more consequential than usual, providing a key indicator of where the nation’s economy is headed. Read More
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