Nonfarm payrolls data for August is due at 8:30 a.m. ET and could play a key role in the Fed’s next monetary policy move.
The report could play a key role in the Federal Open Market Committee's deliberations over its next monetary policy move.
Earlier in the summer, the Fed backed away from forward guidance for future rate adjustments, focusing instead on making data-dependent decisions — potentially making key data points like nonfarm payrolls even more important.in August, a fall from the 268,000 rise in July.
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