Healthy young man and a woman hiking and enjoying the view from the top of King Creek Ridge, Kananaskis Country, Alberta, Canada on a bright sunny day. Back packing in the Canadian Rockies.

A weak jobs report would strengthen the case for rate cuts.

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The Federal Reserve is likely to begin lowering interest rates at its next meeting in two weeks’ time. But the pace of those reductions will depend in large part on the labor market.

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