US job growth comes up short in possible warning sign for Fed
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 upcoming Fed meeting.
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -