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MarketsReportedMedium
6.9

Weak September Jobs Data Bolsters Fed Patience on Rate Hikes

September US job figures came in weaker than expected, reinforcing the case for the Federal Reserve to hold off on further rate hikes. SEB economist Elisabet Kopelman interprets the data as a calming signal for the Fed. This reduces near-term tightening risk, supporting risk assets and pressuring the dollar.

Dagens Industri1 day agoUSCredibility 28%View source

Score Breakdown

Mosaic Score6.9
Model confidence0.5
Significance0.5
Source credibility0.3

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