Unemployment rate drop may push the Fed's finish line farther out of view

Oct. 07, 2022 9:51 AM ETSPDR S&P 500 Trust ETF (SPY)QQQ, DIA, LQD, TLT, IWM, XLE, USO, UNG, JNK, TBT, BNOBy: Kim Khan, SA News Editor23 Comments

Federal Reserve

Douglas Rissing

The jobless rate saw an unexpected decline in September, falling to 3.5% from 3.7%.

That took the wind out of the sales of the Fed Pivot crowd, who had been hoping that further evidence of erosion in the

This was corrected on 10/07/2022 at 10:39 AM. The September labor force participation rate was incorrectly stated in an earlier version of this article.

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