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Fed likely to cut interest rates as U.S. adds 142,000 jobs in August, slightly fewer than expected

Posted on 6 September 2024 By No Comments on Fed likely to cut interest rates as U.S. adds 142,000 jobs in August, slightly fewer than expected

The U.S. added 142,000 jobs in August, slightly below economists’ expectations while unemployment decreased from 4.3% to 4.2%. CBS News business analyst Jill Schlesinger has more on what that means for the Federal Reserve’s upcoming decision on interest rates.

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