U.S. employment data in August left both "hawks" and "doves" with some information for them to chew on and digest. This has cast a cloud of uncertainty over the Fed's policy path this fall. A 25 basis point interest rate cut on September 18 is almost a foregone conclusion, but what happens after that is much more complicated.
The U.S. Bureau of Labor Statistics announced last Friday (September 6) that 142,000 new non-farm jobs were added in Augu...