Weak Jobs Report Fuels Rate Hike Skeptics | Bloomberg Businessweek Daily 8/7/2026

A weaker-than-expected jobs report has stock rebounding on speculation the Fed may not have to hike rates soon. Bloomberg's Mike McKee and Deutsche Bank Chief US Economist Matthew Luzzetti break down Friday's jobs numbers, including how an aging population are reshaping the economy. Plus, Indeed Hiring Lab Director of

Specialist Michael Pistillo works on the floor of the New York Stock Exchange, Wednesday, Aug 5, 2026, in New York. (Photo: AP/Yuki Iwamura) 08 Aug 2026 05:31AM NEW YORK: The dollar fell sharply Friday (Aug 7) after the US economy shed thousands of jobs in July, an economic blow that lowered the risk of an interest rat

S&P closes at record high as soft jobs report eases rate-hike concerns  Reuters

The chances of a hike remain, with upcoming inflation reports a key focus for Fed officials.

Stocks rose on Wall Street Friday and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month.

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait  Toronto Star

Stocks are rising on Wall Street and Treasury yields are falling after the government reported that employers unexpectedly cut 23,000 jobs last month

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait  AP News

Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.

Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.

US employers lost 23,000 jobs in July – far below estimates that the economy would add more than 80,000 jobs, the Bureau of Labor Statistics said Friday.

Dollar Could Rise if U.S. Jobs Data Exceed Forecasts  WSJ

The Minneapolis Fed president dissented at last week's FOMC meeting and wants small, incremental increases rather than waiting and risking entrenched inflation