Businessweek Daily

Fed’s Word of the Day for the Economy: Equipoise

What the jobs numbers mean for rate cuts. Plus: The surging demand for cheese.

Construction jobs were on the rise last month.

Photographer: David Paul Morris/Bloomberg

The August jobs data released Friday showed hiring has slowed in the US by more than analysts expected. Enda Curran gives us a Fed’s-eye view of what that means for the economy. Plus: Dairy processors are rushing to fill Americans’ demand for cheese.

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