US Job Growth Slows Sharply In August, Adding To Case For Fed Rate Cut
US job creation slowed to a crawl in August, underscoring signs of weakness in the labor market and reinforcing expectations that the Federal Reserve will move ahead with an interest rate cut later this month.
US Dollar Index Sinks Below 98.00 As Fed Rate Cut Bets Pick Up Pace
The Greenback loses further momentum on Friday, en route to weekly losses.