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Odds the Fed will hike in September tumble following big July jobs miss
CNBC Television· 2026-08-07 20:45
The US economy losing 23,000 jobs in the month of July. Will that number give Fed Chairman Worsh cover to keep rates the same. Steve Leeman joins us now.The markets seem to think that at least >> Yeah, it's a disappointing report, uh, Melissa, that suggests some weakening in the job market, but at the same time, it's in line with the relative stability that Fed officials have talked about. I'll show you the numbers here. minus 23,000 on non-farm payrolls, but not unfortunately far off what's needed to keep ...