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Payrolls Reveals U.S. Cracking Not Crumbling

Payrolls Reveals U.S. Cracking Not Crumbling

  • TV-G
  • 2019
  • 9mins
The August jobs report received a mixed reception providing supporting data for both the bulls and the bears. Even so Friday’s figures reinforced expectations for Federal Reserve policy makers to cut interest rates by a quarter point for a second straight meeting this month. Bloomberg's Jonathan Ferro sat down with Societe Generale's Subadra Rajappa PGIM's Greg Peters and Mike Schumacher of Wells Fargo to dissect the U.S. labor market and debate what the August results could mean for the Federal Reserve and the future of the treasury market.