周五公布的政府数据显示，美国就业增长势头放缓，失业率也略有上升。这一结果让美联储决策者们更有理由暂缓再次加息以抑制通胀。
Federal Reserve policymakers on Friday got more reason to wait before raising interest rates again to fight inflation, after government data showed job gains are slowing and the unemployment rate ticked up.
这是11月大选前发布的最后一份美国劳动力市场综合报告，此次大选将决定唐纳德·特朗普领导的共和党能否继续掌控国会两院。
It was the last broad read of the US labor market before November elections that will determine whether President Donald Trump's Republican party keeps control of both houses of Congress.
当前，高通胀与借贷成本上升导致物价持续上涨，选民对现任政府的经济治理表现普遍不满。不过总体而言，美国经济增长依然稳健，劳动力市场也保持相对稳定。而最新数据表明这种局面可能正在发生变化。
A rising cost of living amid both elevated inflation and higher borrowing costs has put voters in a sour mood about the incumbents' handling of the economy, though economic growth overall has been solid and the labor market has held pretty steady. The latest data shows that picture could be changing.
美国劳工部周五报告称，9月份美国企业仅新增2.9万个就业岗位，这一数字远低于经济学家预期的9万个。8月份的就业增长数据也遭到向下修正。9月份失业率升至4.2%，高于8月份的4.1%，工资增长势头同样有所放缓。
US employers added just 29,000 jobs last month, the Labor Department reported Friday, less than the 90,000 economists had expected. August payroll gains were revised downward. The September unemployment rate was 4.2%, up from 4.1%. Wage growth slowed.
为促使通胀率回归2%的目标水平，美联储上月将短期借贷成本上调了0.25个百分点。若伊朗局势及其他推高通胀的因素持续存在，且劳动力市场保持稳定，美联储决策者们表示年底前很可能还会至少加息一次。
The Fed raised short-term borrowing costs by a quarter of a percentage point last month to help get inflation back on track to 2%. Policymakers signaled they will likely deliver at least one more increase by year's end if the Iran war and other shocks that have pushed up inflation persist, as long as the labor market remains stable.
直到本周初，由于和平协议迟迟未能达成且贸易紧张局势持续升温，市场对美联储连续加息的预期不断升温，长期债券收益率也随之上涨，周四更是创下24年来的新高。同期房贷利率也突破了7%。
Until early this week, with a peace deal elusive and trade tensions also on the front burner, expectations for a brisk series of rate hikes had been rising, along with longer-term bond yields, which hit a 24-year high on Thursday. Mortgage rates topped 7%.
不过本周，几位颇具影响力的美联储官员表示，在采取进一步行动前他们希望看到更多经济数据。这一表态促使交易员大幅下调了美联储在10月27日至28日会议上加息的可能性预期——而这次会议距离大选仅几天之遥。
But speaking this week, a couple of particularly influential Fed officials said they would rather see more data before considering further action, prompting traders to slash bets on a move at the Fed's upcoming October 27-28 meeting, just days before the elections.
周五公布的就业数据发布后，利率期货价格显示，交易员们认为本月加息的可能性仅为六分之一左右，这一比例较此前的四分之一以上有明显下降。市场对12月加息的预期也有所减弱，不过届时美联储采取行动的可能性依然极高。
After Friday's jobs data, interest rate futures prices showed traders see only about a one-in-six chance of a rate hike this month, down from more than one-in-four previously. Bets on a December rate hike also eased, but a Fed move by then is still seen as overwhelmingly likely.
本周公布的数据显示，按美联储的衡量标准，8月份通胀率达到了3.4%——这一数值虽远高于2%的目标水平，但并未像经济学家们此前预测的那样糟糕。经济学家们指出，在美联储决策层于华盛顿召开利率会议前夕公布的物价压力相关数据，仍有可能影响他们的决策思路。
Inflation by the Fed's targeted measure was 3.4% in August, data showed this week - far above the 2% goal though not as bad as economists had projected. Economists said fresh reads on price pressures due shortly before Fed policymakers meet on rates in Washington could yet sway their thinking.
“相较于这份就业报告，9月份的CPI与PPI数据、汽油价格走势以及从现在到10月底美联储会议期间的各类地缘政治动态，对下一次利率决策的影响力更大，”第五三银行的经济学家比尔·亚当斯写道。
"The September CPI and PPI reports, prices at the pump, and geopolitical developments between now and when the Fed meets next in late October have more power to sway the next rate decision than this jobs report," wrote Fifth Third economist Bill Adams.