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August Jobs Report Keeps Fed on Track to Cut Rates

A soft set of employment numbers was likely to keep the Federal Reserve headed for an interest rate cut this month. So reports MarketWatch.

The U.S. Bureau of Labor Statistics said the economy added 130,000 jobs in August, the smallest gain in three months. The private sector added only 100,000 jobs, another sign that the jobs market has lost steam as a trade conflict with China widens.

Read the full article from MarketWatch

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