Learn more

The September jobs report came in hotter than predicted, with U.S. payrolls increasing by 254,000 and the unemployment rate surprisingly slipping to 4.1%. Wage growth exceeded expectations, rising 0.4% month-over-month and 4% year-over-year. These robust numbers have sparked a fresh debate among economists about the Federal Reserve’s next move. The general consensus now seems to lean toward a more gradual approach to rate cuts, as the labor market’s resilience weakens the case for aggressive monetary easing. Here’s how five experts are interpreting the latest jobs data. “Blowout” Report Sugges…

cuu