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Market Impact: 0.4
Key Takeaways From the US August Jobs Report
Source: youtube.com
Economic DataMonetary PolicyInterest Rates & Yields
US nonfarm payrolls rose by 162,000 and the unemployment rate held at 4.1%, with the payroll increase beating Bloomberg survey estimates. However, Bloomberg Economics warns the economy may not be as strong as it appears, implying potentially less tailwind for growth expectations and interest-rate assumptions.
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