Reported 2 days ago
The September jobs report revealed that the US economy added 254,000 jobs and the unemployment rate dropped to 4.1%, offering a glimmer of hope for the Federal Reserve's interest rate decisions. Economist Guy Berger noted that while the data is encouraging, concerns remain about hiring slowing down and its implications for the labor market's resilience. Overall, the report allows the Fed more time to implement its monetary policy without rushing into cuts.
Source: YAHOO