Job Growth Slows in October While Wages Lag, Giving Fed Breathing Room on Rates
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Hiring slowed more than expected in October while wage growth is slipping.
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A more balanced job market gives the Fed flexibility to hold interest rates steady.
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Hiring soared in September before moderating in October.
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The new data offers encouraging signs for the Fed's inflation fight.
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Officials may opt to not raise rates at their December meeting.