Fed Rate Cut of 0.5% 'Wouldn't Be A Surprise' After Private Payrolls Fall Short, Economist Says
The August payroll report from ADP Thursday is tipping odds toward a 0.5% rate cut by the Federal Reserve two weeks from now, according to economists. The report said 99,000 jobs were added in August - down from 140,000 expected - and reflects the fifth straight month of slowing private payroll ...
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CMA
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