Jobs Report Leaves Door Open for US Rate Hike This Year
September's weaker-than-expected jobs report has decreased expectations for an October Fed rate hike, but officials suggest hikes remain possible for the remainder of the year.
September's weaker-than-expected jobs report has reduced expectations for an October Fed rate hike, but officials have not ruled out additional hikes later this year. Fed Vice Chair Philip Jefferson and New York Fed President John Williams said this week that policy remains data-dependent and that further action is still possible.