Fed Waits For Highly Anticipated Payroll Reports…

jobs_reportThe nonfarm payroll report will be scrutinized for insight into the U.S. labor market and its implications for how long the Federal Reserve’s accommodative monetary policies will continue. Analysts expect 180,000 jobs to have been added in August, up from 162,000 added in the previous month. The unemployment rate is seen holding at 7.4 percent.

 

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