Economic Times4 September 2026

Strong jobs report fuels Fed rate hike prospects as Trump escalates rate cut pressure

Strong jobs report fuels Fed rate hike prospects as Trump escalates rate cut pressure

A stronger US jobs report has raised expectations of a September Fed rate hike, while Donald Trump has stepped up pressure on the central bank to cut interest rates. Markets now await US inflation data, which could determine the Fed's next policy move.

A stronger US jobs report has raised expectations of a September Fed rate hike, while Donald Trump has stepped up pressure on the central bank to cut interest rates. Markets now await US inflation data, which could determine the Fed's next policy move.

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