Veytics Intelligence
2026-11-09 · 247wallst

More Rate Hikes Are Coming as Job Growth Accelerated, Unemployment Fell - 24/7 Wall St.

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A blowout jobs report has traders betting the Fed will strike again, yet one crucial piece of the economy is missing, and part of the hiring surge may vanish with the ballots. Who ends up paying for the next move? This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The October jobs report on Friday came in far stronger than forecasters expected. Employers added 165,000 jobs, compared with a Reuters-polled forecast of 65,000. The unemployment rate fell to 4.1% from 4.2% in September, even as more people started looking for work. Revisions added another 84,000 jobs to August and September combined. Traders responded.

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