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Benzinga
Benzinga
Business
Piero Cingari

Bad Jobs Data Just Dropped—And Wall Street Smells Rate Cuts Coming

United States America US Federal Reserve
jobs ai2

After months of warning signs, the slowdown in America's labor market is now undeniable.

August's jobs report reveals a near standstill in hiring, cementing expectations that the Federal Reserve will be forced to cut interest rates—and perhaps more aggressively than markets had already anticipated.

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