US job growth comes up short in possible warning sign for Fed

US hiring in August fell short of expectations, with nonfarm payrolls rising by 142,000 and the unemployment rate decreasing to 4.2%. This situation is likely to intensify discussions about potential interest rate cuts by the Federal Reserve. Treasury yields fluctuated as traders speculated on a possible rate reduction at the upcoming Fed meeting.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xT6Czeg
https://ift.tt/yElUkSz