Payrolls rebound, and vacancies drop
Latest federal government reforms will be more effective than previous budget pronouncements
Strong consumer spending and business investment drove the result
Lower rates expected to ease burden on highly indebted household sector
Strong growth, declining inflation, and easing monetary policy to drive global output
Stronger-than-expected output to get a hand from monetary easing
The central bank's next interest rate announcement is scheduled for Oct. 23
Global monetary policy set to sync up as the Fed begins to ease
Polled Americans continue to cite inflation as a leading concern
The central bank cut its key interest rate earlier this month for the third time this year