Federal Reserve officials are taking in the results of the August jobs report just 10 days ahead of the September FOMC meeting. According to the US Bureau of Labor Statistics, 142,000 jobs were added to the labor market in the past month, below estimates of 165,000.
Yahoo Finance Fed correspondent Jennifer Schonberger reports on the current consensus as to how the Fed may cut interest rates at this month’s policy meeting as officials enter their “blackout period,” limiting the commentary they are allowed to give.
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