By Aaron Hill A bright spotlight falls on Tuesday’s US November employment report, and it is arguably the dominant asset driver. This is due to comments from Fed Chair Jerome Powell last week, suggesting that the softening jobs market is the primary reason for rate cuts, and because we are receiving October and November data together in a single release. The data also arrives at a time when markets and the Federal Reserve are at odds. Markets are expecting 57 bps of easing next year (a little more than two cuts), against the Fed’s projection of just one cut, per its The post Fed’s employment crossroads appeared first on Financial Mirror .