Weak Payroll: U.S. Adds Only 22K Jobs, Fed Rate Cut Expectations Rise
The U.S. payroll added just 22,000 jobs, fueling expectations of a Federal Reserve rate cut. Learn why this matters for the economy and markets. Introduction The U.S. job market delivered a surprise in July: the nonfarm payroll report showed only 22,000 new jobs, far below forecasts. This weak number rattled markets and strengthened bets that […]
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