Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
The September Jobs Report Reality Check
Lucas and Luna dissect the September labor market data that signals a genuine cooling rather than just noise. With unemployment ticking up to four point two percent and nonfarm payrolls adding only twenty nine thousand jobs, the Fed faces a critical calibration moment. They explore how this shift from overheating to stabilization impacts the Federal Reserve's next interest rate decision and what it means for the broader economic outlook in October 2026.
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The skinny
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