December 21, 2024

Stock-market rally faces crucial question: Will jobs data back case for big Fed rate cuts?

 Stock-market rally faces crucial question: Will jobs data back case for big Fed rate cuts?

Stock-market rally faces crucial question: Will jobs data back case for big Fed rate cuts?

Stock-market investors got what they wanted when the Federal Reserve delivered an extra-large September rate cut — the risk now is that strong jobs data in the week ahead could be too much of a good thing.