A blowout US jobs report on Friday has intensified debate about whether the Federal Reserve will raise interest rates again this year, with economists and analysts divided over the strength of the data and how far it will influence the direction of monetary policy.
Employers added 336,000 new roles in September, figures from the Bureau of Labor Statistics showed. That was sharply higher than an upwardly revised figure of 227,000 for August, and well above consensus estimates of 170,000.
Behind that striking headline number, however, were more mixed and complex messages about what the report meant for the economy, interest rates, the bond market and equities.