Wu Blockchain (@WuBlockchain): WSJ Nick Timiraos said the September jobs report could close the door on another 50 bps rate cut by the Fed next month and keep officials on track for…
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WSJ Nick Timiraos said the September jobs report could close the door on another 50 bps rate cut by the Fed next month and keep officials on track for a 25 bps rate cut. The Fed took a larger 50 bps rate cut last month amid tame summer inflation data and signs of a cooling labor… twitter.com/WuBlockchain/s… Quote [@WuBlockchain](https://www.twitter.com/WuBlockchain/status/1842180980108653016) > The U.S. unemployment rate in September was recorded at 4.1%, lower than the expected 4.2%, and the previous value was 4.2%. The seasonally adjusted non-farm payrolls in the U.S. for September were recorded at 254,000, significantly higher than the expected 140,000.