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US job growth comes up short in possible warning sign for Fed
Credit: IndiaTimes- Published on September 6, 2024
US hiring in August fell short of expectations, with nonfarm payrolls rising by 142,000 and the unemployment rate decreasing to 4.2%. This situation is likely to intensify discussions about potential interest rate cuts by the Federal Reserve. Treasury yields fluctuated as traders speculated on a possible rate reduction at the...