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On September 6th, according to a report by Jin Ten, the latest article by "Federal Reserve Speaker" Nick Timiraos said that the US employment report for August, which is scheduled to be released on Friday, will play a bigger role than usual in determining the extent of the Federal Reserve's interest rate cut this month. At the September meeting of the Federal Reserve, the focus of the debate is whether to start cutting interest rates by 25 or 50 basis points to prevent unwanted weakness in the j...
"Fed Messenger" Nick Timiraos' latest article says that while Fed officials are unlikely to cut interest rates next week, developments in inflation and the labor market should lead officials to signal a rate cut at their September meeting. Powell, who prefers to act early, has been weighing the risks of cutting rates too early and waiting too long, an issue that will be addressed at next week's meeting. Officials hope to cut rates before crossing the door...
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