US Economy Adds 142,000 Jobs in August, Fed Likely to Cut Rates

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US employers added 142,000 jobs in August, slightly below expectations. The unemployment rate decreased from 4.3% to 4.2%. This could prompt the Federal Reserve to cut interest rates in their upcoming meeting. Inflation has been falling, and officials hope to guide the US to a soft landing.

  • US economy added 142,000 jobs in August
  • Unemployment rate decreased from 4.3% to 4.2%
  • Fed likely to cut interest rates in upcoming meeting
  • Inflation has been falling
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US economy
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