[U.S. job growth surged in September, unemployment rate fell to 4.1%] October 4, U.S. job growth accelerated in September, and the unemployment rate fell to 4.1%, further reducing the need for the Federal Reserve to maintain a sharp interest rate cut at the remaining two meetings this year. The employment report released by the Bureau of Labor Statistics of the U.S. Department of Labor on Friday showed that non-farm payrolls increased by 254,000 in August, and July was revised up to 159,000. Federal Reserve Chairman Powell recently refuted investors' expectations of another 50 basis point rate cut in November, saying that "this committee does not feel that it is in a hurry to cut interest rates quickly."