‘Decisive’ US Jobs Report Comes Up Inconclusive

Those looking for definitive answers to the myriad macro questions confronting investors and policymakers on the eve of the first Fed rate cut were left wanting Friday, when the US government delivered a monthly employment report which, on some vectors anyway, was inconclusive. The world's largest economy added 142,000 jobs in August, the BLS said. Technically, that was a miss. Consensus wanted 165,000. But if you benchmark against US rates rather than economists' forecasts, the headline counte

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