Tim Horan, Chief Information Officer of Chilton Trust's Fixed Income Division, stated that robust job creation confirms the Federal Reserve's actions, indicating a soft landing is imminent. Horan noted that the higher-than-expected addition of 254,000 non-farm jobs in September allows the Federal Reserve to be pragmatic, even considering a pause in rate cuts in November to digest election results without falling behind the curve.

With the job market performing well, the Federal Reserve can calmly adjust monetary policy and understand how elected officials plan to handle government spending. Despite officials avoiding comments on fiscal policy, Horan emphasized that the Federal Reserve must be concerned about the ever-growing national debt..