Is the August Jobs Report Exactly What the Fed Needed to Hear?
HousingWire, Sept. 6 2024-Brooklee Han
August’s gain of just 142,000 total nonfarm payroll jobs confirms that the job market is cooling, which all in all is good news for the Federal Reserve, which meets in a little under two weeks to discuss interest rates. But is it enough to justify a half-point cut?
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