[Institution: Non-farm payrolls report confirms Fed's soft landing expectations] Golden Finance reported that Tim Horan, chief information officer of Chilton Trust's fixed income department, said that strong job creation confirmed the Fed's approach and indicated that a soft landing was just around the corner. Horan said that the higher-than-expected 254,000 new non-farm payrolls in September enabled the Fed to be absolutely pragmatic and even consider pausing (rate cuts) in November to digest the election results without worrying about falling behind the curve. With the job market performing fairly well, the Fed can calmly adjust monetary policy and understand how elected officials plan to handle government spending. Horan said that although officials avoided commenting on fiscal policy, the Fed had to worry about the expanding national debt.