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, duration hours minute second in high quality that is uploaded to the channel Reuters 05 September 2024. Share the link to the video on social media so that your subscribers and friends will also watch this video. This video clip has been viewed 1,574 times and liked it 23 visitors.