Officials at the Fed are adamant: raise rates and keep them there.

By sending the unifying message that they want to boost rates and hold them there, 

Even if confronted with signs of a slowing economy, Fed policymakers warned markets against looking for rate cuts next year.

The September jobs report, which was hotter than anticipated, confirmed the Fed's intentions to take measures to curb inflation

demonstrated that there is still opportunity for more action without jeopardising the labour market.

Fed Governor Waller said a jobs report of around 260,000 would show that the labor market is slowing a bit but is still quite tight

Neel Kashkari, the president of the Federal Reserve, stated on Thursday morning that the central bank is still working to reduce inflation and he is not prepared to halt rate hikes.


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