CNBC International TV
10 Aug 2026, 04:14 UTC · 3h ago
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U.S. nonfarm payrolls for July were weaker than expected. — Weak employment data typically signals economic slowdown, increasing recession fears while simultaneously pressuring the Fed to cut rates.
-0.60Fed Chairman Kevin Warsh is pushing for the Federal Reserve to move away from providing forward guidance. — Reducing forward guidance can increase policy flexibility, though it may introduce short-term uncertainty regarding the timing of rate changes.
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WSJ
7h ago
