Fed's Beige Book Indicates Stable Employment Trends in August

Reported about 1 month ago

The Federal Reserve's Beige Book report shows that employment conditions remained steady in August, while ongoing discussions about potential interest rate cuts are taking place as the Philadelphia Fed searches for a replacement for retiring President Patrick Harker. Experts, including Harker himself, suggest that a possible rate cut could occur at the September meeting unless there are significant labor market downtrends.

Source: YAHOO

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