đš September Payroll Data Signals Fed's Path for November: 25bps Cut Likely đš
Septemberâs strong payroll report significantly reduces uncertainty surrounding the Federal Reserve's November meeting. It points towards a likely 25 basis point rate cut. Hereâs why:
đ Robust Job Growth: The labor market added more jobs than expected, indicating economic resilience.
đŒ Unemployment Steady: Despite job growth, unemployment remains stable, aligning with the Fedâs goals.
đ Wage Growth Slows: A slight deceleration in wage increases reduces inflationary pressures, supporting the case for a cut.
đŠ Market Expectations: Fed futures pricing now heavily tilts towards a 25bps cut, reflecting confidence in this outcome.
Like, share, and drop your thoughts in the commentsâwhat do you expect from the Fed next?
