"Fed's mouthpiece" comments on the U.S.

Aihucha News, October 7: Wall Street Journal reporter Nick Timiraos commented on the September non-farm payrolls report, saying it was a strange employment report: the number of new jobs exceeded market expectations and pushed the market to raise interest rates by the Federal Reserve in November/December. The discussion has heated up. But at the same time, the unemployment rate has not declined, holding steady at 3.8%, near a record low. The trend of slowing wage growth has not been broken. Timiraos said the recent strength in the labor market could undermine the Fed's recent progress in slowing economic growth or make Fed officials less confident that inflation will continue to fall this summer. But this report alone is unlikely to resolve the Fed's debate over whether to raise interest rates again. Officials will be closely watching the September CPI report due next Thursday and how concerns about stronger economic growth have led to higher borrowing costs in bond markets.