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Market Impact: 0.2
August Jobs Report Much Stronger Than Expected, Diesel Hits All-Time High
Source: youtube.com
Economic DataMonetary PolicyInterest Rates & Yields
Commentary around the August jobs report says the labor market is “extremely well,” which undermines expectations that the Fed can pause rates in September. The takeaway is a more hawkish read-through for the near-term interest-rate path, likely keeping rate-cut hopes constrained.
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