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Today β€” 2 October 2026Newspapers

Soft Jobs Report Boosts Market Bets Fed Will Skip October Rate Increase

2 October 2026 at 15:50
The odds of an interest rate change at the Federal Reserve’s meeting in late October have dropped following a softer jobs report and strong signaling from bank officials.

Β© Vincent Alban/The New York Times

John C. Williams, president of the Federal Reserve Bank of New York, in 2025. He said this week that there was β€œno need for urgency” in the wake of September’s increase.

Soft Jobs Report Boosts Market Bets Fed Will Skip October Rate Increase

2 October 2026 at 14:53
The odds of an interest rate change at the Federal Reserve’s meeting in late October have dropped following a softer jobs report and strong signaling from bank officials.

Β© Vincent Alban/The New York Times

John C. Williams, president of the Federal Reserve Bank of New York, in 2025. He said this week that there was β€œno need for urgency” in the wake of September’s increase.
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