Mortgage Market News: Fed Cuts Rates, Labor Data Remains Soft

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The Fed announced its third rate cut of the year, while more labor data pointed to underlying softness in the job market. Here’s a look at the key highlights.

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• Fed Delivers Third Rate Cut as Policymakers Split
• Job Openings Tick Higher, Yet Underlying Weakness Persists
• Claims Data Skewed by Holidays and Benefit Expirations

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