US jobs report cools Fed rate hike bets: Why October CPI and record diesel prices now matter
The US jobs report for September came in much weaker than expected, changing market expectations for the Federal Reserve’s October meeting. The US economy added only 29,000 jobs in September, far below economists’ expectation of 90,000 jobs. US jobs report, inflation and record diesel prices put pressure on the Fed rate outlook. (AFP) The unemployment … Read more