TREE NEWS reports: The US added 162,000 jobs in August, far exceeding the expected 55,000, with unemployment holding at 4.1%. The strong data boosted market expectations for a September rate hike by the Federal Reserve. Norway’s oil fund may cut its US Treasury holdings by about $80 billion.
US August jobs beat forecasts; Fed rate hike bets rise
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
5m ago
Trump touts August jobs data, hits ‘Trump Derangement Syndrome’
11m ago
US diesel retail price hits record high
15m ago
Trump confirms Witkoff and Kushner to visit Russia, Ukraine
20m ago
US judge extends ban on new mail-in voting rules
23m ago
US 10Y Treasury yield ends at 4.7821%, up 1.41 bps Friday
36m ago
Meta sued over smart glasses biometric data collection