In the event that the Fed is unable to curb inflation, it will likely maintain higher interest rates for an extended period. There is also the possibility of further rate hikes. However, the unexpected 0.4% increase in monthly wages and the Non-Farm Payroll report surpassing expectations by approximately 100,000 have thrown a wrench into the works. Investors who anticipated a loosening on the employment front due to JOLTS were taken aback by the announcement of 272,000 non-farm payrolls, well above the anticipated 180,000. Stay updated on the latest technology news by accessing NEWSLINKER.