#july #jobs #jobsreport #fed #yahoofinance

The U.S. economy created 187,000 new jobs in July, while the unemployment rate fell to 3.5 percent. What does this all mean for future Fed policy? RSM Chief Economist Joe Brusuelas joins Yahoo Finance Live to break down the report and what it means for future rate hikes by the Federal Reserve. Brusuelas says, "This is about as good of a jobs report as one could get ... What that means is the Fed no longer has to hike."

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