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Before yesterdayNYT - Business

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.

© 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 “no need for urgency” in the wake of September’s increase.
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