[Institution: The Federal Reserve is likely to hold steady at the October meeting] Odaily Planet Daily News - Peter Cardillo, Chief Market Economist at Spartan Capital Securities, stated that while non-farm payroll growth came in below expectations, it still indicates that the job market is in a growth phase. Moreover, wages have not shown inflationary pressure, which is a positive factor. The rise in the unemployment rate may be due to an increase in labor force participation. Overall, this report is favorable for the market. It may help ease the upward momentum in yields and also suggests that the Federal Reserve does not need to worry about wage inflation. Combined with the lower-than-expected PCE price index released a few days ago, this implies that the Federal Reserve is likely to hold steady at the October meeting. (Jin10)