(The Center Square) – In September, the U.S. economy surprised everyone. Recession fears from July and August gave way to concerns that strong growth could stall further disinflation. This shift is occurring at the start of a Federal Reserve rate-cutting cycle, raising questions about the timing of future rate cuts and whether Fed policy was restrictive enough to begin with. In September, job growth rebounded strongly, and the unemployment rate fell. Average hourly earnings increased by 0.4% in September, only slightly lower than the 0.5% increase in August. Year-over-year, wages are nearly 4%…