Prices jumped 0.6% in September while hiring nearly stalled
The latest government data shows faster inflation and only 29,000 new jobs. It is an awkward mix for anyone trying to guess what interest rates do next.
Two reports from the Bureau of Labor Statistics landed this month, and they do not point the same way. Prices rose quickly in September. Hiring barely moved. Put side by side, they make a hard puzzle for anyone trying to work out where interest rates go from here.
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