The Federal Reserve may skip a rate hike at its October meeting as signs of cooling in the job market emerge. This was reported by Qazaqyia.kz citing Reuters.
According to Reuters, market participants expect the Fed to refrain from raising rates in October. The decision may be influenced by the cooling trend in the job market.
As the agency notes, the state of the job market remains one of the key factors influencing the Fed's next steps in monetary policy.