Soft Labor Data Clouds the September DecisionSoft Labor Data Clouds the September DecisionSoft Labor Data Clouds the September Decision 

Labor market data was soft enough to cast doubt on the timing and magnitude of future Fed hikes, making the upcoming CPI release a key tiebreaker for a September rate decision. Nonfarm payrolls decreased by 23k in July, far below expectations and a sharp departure from the strong job growth seen in recent months. The […]
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