Will The Fed Hike Again In October? Jeremy Siegel Says ‘Goldilocks’ Jobs Report Gives Warsh 'Cover To Hold' Ahead Of Midterms - Yahoo Finance

Markets are pricing in a 76.2% chance of no change in October, up from 29.1% a week ago, CME FedWatch data shows. Payrolls rose by 29,000 in September, and the unemployment rate edged up to 4.2%. Stocks can keep gaining if oil stays below $90 a barrel, Siegel says. Jeremy Siegel, professor emeritus of finance at the Wharton School and senior economist at WisdomTree, said on Monday that the September jobs report gives Federal Reserve Chair Kevin Warsh a reason to hold interest rates steady this month. The September 2026 U.S. jobs report showed nonfarm payrolls increasing by a lower-than-expected 29,000 jobs, while the unemployment rate ticked up to 4.2%. See what 10M+ investors are talking about.