Strong Jobs Report Shifts Fed Expectations as Rate Cut Hopes Fade

The Financial Exchange Show · Feb 11, 2026 · 38m · transcript

Chuck Zodda and Marc Fandetti break down a stronger-than-expected January jobs report showing 130,000 new jobs added and unemployment ticking down to 4.3%. With wage growth accelerating and inflation still elevated, the discussion turns to whether the Federal Reserve has misread the economy and whether markets are wrongly pricing in rate cuts later this year. The hosts also explore how fiscal stimulus, tariffs, immigration shifts, and historically low unemployment complicate traditional economic modeling. Later in the hour, Todd Lutsky of Cushing & Dolan joins for “Ask Todd,” answering…