CHICAGO, Oct. 8 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures were higher in the past week amid soaring energy values following OPEC+ deciding to cut its oil production by 2 million barrels a day starting from November, Chicago-based research company AgResource said.
Strong U.S. September jobs data showed that the U.S. central bank is a long way from its goal of pushing inflation back to its 2-percent target, and the odds are high that the Federal Reserve will keep raising interest rates in November and December. Confidence in whether the U.S. central bank can orchestrate a "soft landing" is in decline.
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