The US Federal Reserve is expected to cut interest rates due to weak jobs data. The latest report shows a decrease in job growth, which could lead to further monetary easing. This decision will impact the economy and financial markets. Market experts believe that a rate cut would stimulate economic activity and boost consumer spending.

Source: https://www.bloomberg.com/news/audio/2024-11-01/fed-on-track-for-rate-cut-weak-jobs-data-more