Labor Woes Lock In Fed Cuts

Last week's disappointing nonfarm payrolls report has solidified expectations for a Federal Reserve rate cut in September, with markets even considering a larger 50-basis-point reduction.

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Last week's disappointing nonfarm payrolls report has solidified expectations for a Federal Reserve rate cut in September, with markets even considering a larger 50-basis-point reduction. Investors are closely watching the upcoming August PPI and CPI data for signs of controlled inflation, though CPI is expected to rise to 2.9% from 2.7%, indicating persistent price pressures.

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