Traders have even greater expectations for a December Fed rate cut after seeing a historically unreliable jobs report

Traders have even greater expectations for a December Fed rate cut after seeing a historically unreliable jobs report



Traders have even greater expectations for a December Fed rate cut after seeing a historically unreliable jobs report
Wednesday’s shockingly disappointing private-sector jobs report for September was taken by investors and traders as another sign of a substantially deteriorating U.S. labor market that reinforces the need for two more quarter-point interest-rate cuts from the Federal Reserve before year-end.


www.marketwatch.com
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