‘The time has come’: Why the August jobs report keeps the Fed on track for a 25 basis point rate cut
A rebound in the job market in August that still showed signs of cooling is likely to keep the Federal Reserve on track to cut interest rates by a quarter percentage point this month. The results: 142,000 jobs were created in the month of August, compared with economists’ expectations for 165,000 and up from 89,000 […]