CoinDesk

U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question

U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in questionWorldPing

The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report.

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

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CNBC World

U.S. economy unexpectedly lost 23,000 jobs in July

Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate would hold steady at 4.2%, according to the Dow Jones consensus.

Brief by WorldPing · Original reporting by CNBC World