Question: Explain why the Fed might be cautious about raising interest rates despite strong jobs growth. Despite U.S. job creation exceeding forecasts in July, experts believe

Explain why the Fed might be cautious about raising interest rates despite strong jobs growth. 


Despite U.S. job creation exceeding forecasts in July, experts believe that with weak output growth, the Fed will not raise the interest rate until after the U.S. presidential election.

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