Capital Economics: Downward revision to job growth gives Fed more reason to ease policy in September

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ODAILY
08-22
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Odaily Odaily News Capital Economics economist Olivia Cross said that the downward revision of employment growth data may mean that worker productivity is revised upward, which will further support the Fed's decision to cut interest rates. In either case, lower economic activity or stronger productivity growth will indicate that the Fed has more reasons to start easing policy in September. (Jinshi)

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