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Strong jobs report puts aggressive rate cuts by the Fed
Strong US Jobs Report Takes Pressure Off Fed for Next Meeting
Surprisingly strong hiring in September has taken pressure off the Federal Reserve by reducing worries over the US labor market, giving policymakers room to continue cutting interest rates at a more gradual pace in coming months.
Why a Strong Jobs Report Won’t Stop the Fed From Cutting Rates
On the other hand, the world is a mess, inflation still lurks, and there’s a contentious election in November. Given all of that, a data-driven Fed is likely to stay the course.
The Jobs Report Is Good News for the Fed
The data reversed recent signs of a labor market slowdown, probably taking away the argument for a big rate cut at the Federal Reserve’s next meeting.
1d
on MSN
The jobs number surpassed everyone’s expectations. Cue the complaints about the Fed
Last month, the Fed slashed interest rates by a supersized half-point in a bid to prevent the job market from falling apart, ...
2d
on MSN
Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say
A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while ...
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