There Are Too Many Jobs for the Fed to Stop Raising Rates | Barron's

2022-10-08 18:13:59 By : Ms. HE Christy

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https://www.barrons.com/articles/jobs-fed-raising-rates-51665158454

The good, the bad, and the ugly. That’s one way to characterize Friday’s September jobs report at a time when interest rate worries are paramount.

The good news is that the labor market remains robust, slowing at a more moderate pace than experts had expected. Yet that’s also the bad part of the report: Because the economy is continuing to hum along, the Federal Reserve will have no reason to deviate from its hawkish stance.

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The good, the bad, and the ugly.

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