Oct 13, 2022
September’s nonfarm payrolls report provided both assurances that the jobs market is strong and that the Fed will have to do more to slow it down. Worker pay rose 5% on a year-over-year basis in September, down slightly from the 5.2% pace in August but still indicative of an economy where the cost of living is surging. Futures pricing Friday pointed to an 82% chance of a 0.75-point move in Novemb