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Wall Street Journal Fed watcher Timiraos on sign of a weaker jobs market

This via Wall Street Journal journalist and noted Fed watcher Nick Timiraos:

If this is a sign of a deteriorating jobs market (its probably not a sign of a strengthening one!) It’ll file further pricing of 50bp rate cuts to come from the Federal Reserve.

This article was written by Eamonn Sheridan at www.forexlive.com.

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