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Fed likely to cut interest rates as U.S. adds 142,000 jobs in August, slightly fewer than expected
Posted
September 6, 2024
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2:46
5:14Now PlayingThe U.S. added 142,000 jobs in August, slightly below economists' expectations while unemployment decreased from 4.3% to 4.2%. CBS News business analyst Jill Schlesinger has more on what that means for the Federal Reserve's upcoming decision on interest rates.
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