The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report. The U.S. lost 23,000 jobs in July, while June’s originally reported 57,000 job gain was revised down to just 20,000. Forecasts had been for 80,000 jobs to have been added in July. Crypto markets are showing little reaction even as stock and bond markets gain on the news. The U.S. labor market showed weakness for the second consecutive month in July, possibly giving…
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