The U.S. economy shed 23,000 jobs in July, far below forecasts of an 83,000 gain, shifting trader expectations away from a September rate hike
Important
July's job losses convinced traders the Fed is done raising rates, and stocks rallied
The U.S. economy shed 23,000 jobs in July, far below forecasts of an 83,000 gain, shifting trader expectations away from a September rate hike Source: Read the original article on qz.com