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Traders Waver on Fed Hike Bets After Jobs Report

Source: youtube.com

Economic DataMonetary PolicyInterest Rates & YieldsMarket Technicals & Flows
Traders Waver on Fed Hike Bets After Jobs Report

US stocks rose after September payroll growth came in below expectations and wage growth slowed, indicating a cooling labor market. The data reduced expectations that the Federal Reserve will need to raise interest rates further, though it also reflects employer caution amid rising costs.

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