Home›Bonds & Rates›Central Banks›Soft jobs report cuts odds of Fed rate move in late Oc…

Soft jobs report cuts odds of Fed rate move in late October

Reported · Written up by our desk · Central Banks

The odds for an interest rate change at the Federal Reserve’s late October meeting have fallen after a softer jobs report, according to NYT Business.

The shift also reflects strong signaling from bank officials, further influencing market expectations about whether the Fed will act.

NYT Economy likewise ties the reduced rate-change probabilities to the combination of a weaker labor picture and recent communications from Fed officials.

More like this

Sources