The belated September jobs report significantly beat expectations, suggesting the pro-growth policies enacted by President Donald Trump and Congressional Republicans are beginning to improve the labor market.

The strengthening labor market makes the Federal Reserve’s decision about whether to continue its rate-cutting at its meeting next month difficult. Fed officials are already deeply divided over what to do. And for good reason.

Lowering interest rates further would improve small business access to credit, helping America’s job-creation engine increase investment and hiring. Many small businesses rely on revolving credit lines and loans to finance inventory, expand operations, or simply sustain payroll. With tight lending conditions at regional banks, access to more affordable credit makes the difference for many employers between hiring and holding back. (RELATED: US Job Growth Smashed........

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