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1 hour agoAugust Jobs Data Locks In Rate Cuts - Buy These 5 Ultra-High-Yield Kings Now
The disappointing August employment report showed that only 22,000 jobs were created. The number was well below estimates of 75,000, and it almost assures that the Federal Reserve will lower interest rates on September 17th for the first time since last December. It is also likely that the fed funds rate will be significantly lower than today's effective federal funds rate of 4.33%,
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