Jobs report will help Federal Reserve decide how much to cut interest rates
Jobs report will help Federal Reserve decide how much to cut interest rates
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Posted Sep 6, 2024 01:02:18 AM.
Last Updated Sep 6, 2024 01:15:21 AM.
WASHINGTON (AP) — Friday’s monthly jobs report will likely mark a pivotal moment for the economy and the Federal Reserve.
If it shows that hiring was weak in August and that the unemployment rate rose — similar to the unexpectedly soft figures for July — it would heighten worries that the job market …