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Traders Waver on Fed Rate Bets After Weak Jobs Report

NovaTube News 2026-10-02 Original source ↗

A slowdown in the US jobs market drove stocks higher on speculation that the Federal Reserve won't be forced to raise interest rates anytime soon. The US added fewer jobs than expected in September, and wage growth slowed, signaling caution among employers amid rising costs. Bloomberg's Mike McKee and Kathy Bostjancic, Senior Vice President & Chief Economist at Nationwide, provide reaction and analysis. The program also features a CFO Briefing with Jennifer Buchanon, CFO of Network Solutions Group, who joins Bloomberg's Nina Trentmann to discuss corporate financial strategies. Additionally, the episode covers Illinois' economic outlook and other market-moving topics. With expert guests and in-depth reporting, this video offers a comprehensive look at how the jobs report is shaping Fed policy expectations and market sentiment.