Macro Finance
Dollar Falls as Soft Job Data Roils Timing of Fed Rate-Hike Bets
Bloomberg Markets·October 2, 2026·1 min read
The dollar fell the most in a month on Friday after September job growth came in below expectations, prompting traders to reconsider bets on another Federal Reserve rate hike this year. The weaker data raised doubts about the economy's strength, leading to a selloff in the greenback and shifting rate expectations.
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