Existing-home sales backtrack slightly in August
Economists say softer sales, easing mortgage rates and slowing inventory growth reflect a housing market transition rather than a collapse
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Job growth continues to slow, signaling a cooling economy
Economists feel August’s jobs numbers are the signal the Federal Reserve needs to cut interest rates at its September meeting.
Read MoreThe Fed's own economists are sounding the recession alarm — and warning that more interest-rate hikes could tank the US economy
Jerome Powell chairs the Federal Reserve.Yuri Gripas/ReutersThe Federal Reserve's staff economists said there's a major risk of a US recession next..
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