Strong jobs data could signal smaller Fed rate cut

A surprisingly strong US jobs report for September, with 254,000 new jobs added, has shifted expectations for the Federal Reserve's next rate move. The robust labour market has led analysts to believe that the Fed may opt for a smaller, 25 basis point rate cut in November, instead of the previously anticipated larger cuts. With unemployment edging down and job growth remaining resilient, the Federal Reserve appears poised to proceed cautiously with its monetary policy adjustments. Read the full article to explore how strong job growth could influence Fed policy.