Federal Reserve Governor Christopher Waller said today that the current economic data warrants action, suggesting that the Federal Reserve is fully prepared to cut rates. While speaking at the University…
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Citi ‘increasingly convinced’ that the Fed will cut rates by 50 bps in September
The U.S. economy reported an increase of 142,000 new jobs in August, falling short of the anticipated 160,000 jobs. Despite the modest job creation, the unemployment rate remained virtually unchanged…
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US economy adds fewer jobs than expected in August, increasing odds of 50bp cut
Investing.com — The US economy added fewer jobs than anticipated in August, but rose from a sharply revised July figure, according to Labor Department data that could factor into the Federal…
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Investing.com — Individual investors are becoming more neutral about the short-term outlook for stocks, according to a new survey. The report from the American Association of Individual Investors (AAII) found…
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US economy adds fewer jobs than expected in August, increasing odds of 50bp cut
Investing.com — The US economy added fewer jobs than anticipated in August, but rose from a sharply revised July figure, according to Labor Department data that could factor into the Federal…
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The U.S. Bureau of Labor Statistics (BLS) reported that nonfarm payrolls increased by 142,000 in August, a figure that fell short of the anticipated 161,000 jobs. The report also highlighted…
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By Robert Harvey LONDON (Reuters) -Oil pared gains on Friday after data showed U.S. employment increased less than expected in August, and was on track for a heavy weekly loss…
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Investing.com — Oil prices were higher as investors poured through the nonfarm payrolls report and considered both a large withdrawal from US crude inventories and a planned output delay from OPEC+…
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Investing.com — Shares in Broadcom (NASDAQ:AVGO) slumped by more than 7% in early US trading Friday after the US chipmaker’s current-quarter sales guidance slightly disappointed investors’ expectations. The firm projected…
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Traders are now pricing in 50% chance of Fed cutting rates by 50 bps in September
US stock futures were seen rising after the release of the August jobs report by the Bureau of Labor Statistics (BLS). The jobs report showed an addition of 142,000 jobs,…