AJ Bell's Russ Mould explains that, while there's weakness in the labour market, the weekly initial claims numbers are still quite low. But that doesn't prevent some investors from thinking that a 50 bps rate cut this month is a real possibility.
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Watch video Market Insight: As labour market data disappoints, is a 50 bps cut back on the cards? | REUTERS online without registration, duration 05 minute 24 second in high hd quality. This video was added by user Reuters 05 September 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 2 thousand once and liked it 2 people.