AJ Bell's Russ Mould explains that, while there's weakness in the labour market, the weekly initial claims numbers are still quite low. But that doesn't prevent some investors from thinking that a 50 bps rate cut this month is a real possibility.
#News #usamarket #federalreserve #Reuters #Newsfeed
Read the story here:
👉 Subscribe: http://smarturl.it/reuterssubscribe
Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: / reuters
Follow Reuters on Twitter: / reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en