Investors Scale Back Bets on Major Fed Rate Cuts Amid Strong U.S. Jobs Data, Await Key Inflation Figures
Investors are reassessing their expectations for aggressive Federal Reserve interest-rate cuts as the U.S. economy continues to display resilience. September saw the strongest job gains in six months, signaling that growth momentum in the world’s largest economy remains intact. This economic vigor, coupled with a potential resurgence in inflation, is poised to strengthen the U.S. dollar […]