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September 7, 2012

U.S. payroll growth seen tepid, may force Fed's hand

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The U.S. labor market likely took a step back in August, an outcome that could compel the Federal Reserve to pump additional money into the sluggish economy. Growth in nonfarm payrolls is expected to have slowed last month to 125,000 from 163,000 in July, according to a Reuters survey of economis... FF News: Fundamental

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