#usoctobernfp-areratecutsstillpossible The US October Nonfarm Payrolls report is key to determining if Federal Reserve interest rate cuts are coming.
Recent data shows job growth slowing to 29,000 with unemployment at 4.2%. Because hiring has cooled, markets expect the Fed to consider easing policy.
A weak jobs report on November 6 will likely force the Fed to cut interest rates to prevent a bigger economic slowdown. Rate cuts remain very possible.
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Recent data shows job growth slowing to 29,000 with unemployment at 4.2%. Because hiring has cooled, markets expect the Fed to consider easing policy.
A weak jobs report on November 6 will likely force the Fed to cut interest rates to prevent a bigger economic slowdown. Rate cuts remain very possible.
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