Reported 2 days ago
The September jobs report revealed a robust addition of 254,000 jobs, surpassing estimates and causing analysts to reconsider the Federal Reserve's approach to interest rate easing. With the unemployment rate dropping slightly to 4.1% and wage growth at 4%, experts suggest the Fed might cut rates by 25 basis points by year’s end, while balancing concerns of inflation influenced by global markets, particularly China.
Source: YAHOO