Muddled Jobs Data May Do Little to Alter Immediate Fed Rate Path
Briefly

"Given that, the figures are likely to do little to change the Fed's immediate policy path. Officials are widely expected to cut rates by a quarter point next week."
"The muddled report leaves officials with little up-to-date idea of how strong hiring conditions are, even as the unemployment figure hinted that the economy is holding steady."
"They are going to need more data after this, said Laura Rosner-Warburton, senior economist at MacroPolicy Perspectives. She added that the Fed was unlikely to make big shifts at its meeting next week."
"We're at a moment of intense uncertainty because of the U.S. election, she said."
Read at www.nytimes.com
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