
Cooling US Job Market Sparks Fed Rate Cut Bets
US unemployment rose to 4.3% in August and private hiring slowed, boosting odds for a Fed rate cut in September as markets react.
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US unemployment rose to 4.3% in August and private hiring slowed, boosting odds for a Fed rate cut in September as markets react.
Top central bankers at Jackson Hole warn that aging populations and tight labor markets in developed economies could slow growth and drive up wages.
UK unemployment hits a 4.7% peak as job vacancies and payrolls drop, with U.S. tariffs squeezing exports and hiring at a 4-year high.