Disappointing Jobs Report Underscores Fed's Dilemma
Mediocre labor data is a sign that the Fed may have missed the window to raise rates and may instead need to start thinking about further stimulus, says Morningstar’s Francisco Torralba.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. September's jobs report was below expectations. I'm joined by Francisco Torralba--he's a senior economist at Morningstar Investment Management--for his take on this report. Francisco, thanks for joining me.
Francisco Torralba: Thank you for having me.