US Non-farm Payrolls (NFP) data exploded? The Fed is about to be "sandwiched"!
Family, the US September Non-farm Payrolls (NFP) data has been released, with an increase of 119,000 jobs, which is much higher than the expected 50,000. The August data was also revised upwards from 22,000.
But the unemployment rate rose from 4.3% to 4.4%, reaching a new high since 2021. With this data released, the Fed is going to have a hard time.
The Fed was originally in a heated debate internally about whether to cut interest rates in December.
One side believes that interest rate cuts would "patch up" the lab
View OriginalFamily, the US September Non-farm Payrolls (NFP) data has been released, with an increase of 119,000 jobs, which is much higher than the expected 50,000. The August data was also revised upwards from 22,000.
But the unemployment rate rose from 4.3% to 4.4%, reaching a new high since 2021. With this data released, the Fed is going to have a hard time.
The Fed was originally in a heated debate internally about whether to cut interest rates in December.
One side believes that interest rate cuts would "patch up" the lab

















