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US created 151,000 jobs in August vs. 180,000 jobs expected … August traditionally has been a difficult month for jobs numbers, and 2016 proved no exception, likely putting the Federal Reserve on hold for a rate hike anytime soon. – CNBC
What a mess. The latest jobs report shows lowered growth. That doesn’t matter of course. The government will revise the numbers upward.
And the Federal Reserve will do its part, ultimately, by continuing to print money at a rapid clip, even if it does manage to raise rates a quarter point. Surely that’s won’t happen before the presidential elections, will it?
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