Economists, Acting Labor Secy. react to October jobs data: Morning Brief [Yahoo! Finance Canada]
KeyCorp (KEY)
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Source: Yahoo! Finance Canada
to the US economy in October, well below economist forecasts of 100,000 nonfarm payrolls due. These labor figures and the data collection process have been heavily impacted by recent Hurricanes Milton and Helene, as well as ongoing labor strikes. Morning Brief hosts Seana Smith and Brad Smith speak with an array of economists and Wall Street experts about the latest economic data print. RSM chief economist Joe Brusuelas and Charles Schwab chief fixed income strategist Kathy Jones join the program to give their initial reactions to the jobs data and how the Federal Reserve is expected to move at its November meeting next week. Mizuho Securities US chief economist Steven Ricchiuto also joins the program to talk about why he believes the central bank should hold interest rates where they are. US Acting Secretary of Labor Julie Su affirms that the job market is "not weak" despite October's numbers in an interview with Yahoo Finance's Jennifer Schonberger Intel ( INTC ) released mi
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