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Slowing Economy Could Put Fed On Ice

Slowing Economy Could Put Fed On Ice

3 Years ago | September 04, 2016 00:00:00

John M. Bland, MBA

Disappointing U.S. Jobs
Once again the markets have been sent mixed signals by economic data. The August increase in jobs was a disappointing +151K following an average gain after revisions of 273K in the previous two months. Furthermore, Average Hourly Earnings gained by a scant 0.12% in the month vs. expectations for 0.20%. So the data missed on several counts. These data were not supportive of speculation about a September 21 increase in the Fed Funds rate. Something else the Fed has to consider is whether

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