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Federal Reserve Unlikely to Cut Interest Rates This Month, Weak Labor Market Consensus
Summary: According to sources, Jerry Tamplin, Vice President of Fixed Income Research at American Capital Management, stated that the prolonged government shutdown has led to data interruptions, providing economists with a deep insight into the labor market in today's employment report. Despite the unemployment rate reaching a four-year high in November, concerns about a weak labor ...
According to sources, Jerry Tamplin, Vice President of Fixed Income Research at American Capital Management, stated that the prolonged government shutdown has led to data interruptions, providing economists with a deep insight into the labor market in today's employment report. Despite the unemployment rate reaching a four-year high in November, concerns about a weak labor market background have not sparked enough support for the Federal Reserve to further cut interest rates this month.
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Link: Federal Reserve Unlikely to Cut Interest Rates This Month, Weak Labor Market Consensus [Copy]
