Jobs Report Seen Keeping Fed on Track for Quarter-Point Cut
Friday's weak employment report for October is one of those choose-your-own-narrative data points. If you thought the labor market was softening before, you are probably more confident of that view af
Jobs report shocker puts Fed interest-rate cut in play
CME Group's FedWatch, meanwhile, pegs the odds of a quarter-point reduction next week in Washington at around 98%, with the chances of a follow-on cut in December jumping from 70% to around 85%.
Fed seen on course for rate cuts after weak jobs data
Any doubts the Federal Reserve will go ahead with an interest-rate cut next week fell away on Friday after a government report showed U.S. employers added fewer workers in October than in any month since December 2020.
Fed Interest Rate Cuts Are Coming After Weak October 2024 Payrolls
The October payrolls were the weakest since December 2020. With just 12,000 net new jobs added during the month, more Federal Reserve interest rate cuts are coming.
Federal Reserve to look past US election uncertainty with quarter- point interest rate cut
The Federal Reserve is poised to lower its benchmark policy rate by a quarter-point next week, sticking to its course in the face of a distorted jobs report and uncertainty over economic policy beyond Tuesday’s US presidential election.
Fed seen on track for 25-basis-point rate cuts next week and in December
Data earlier this week showed inflation by the Fed's targeted measure running at 2.1% in September, just a notch above its 2% goal, though sticky underlying price pressures are expected to keep U.S. central bankers wary of declaring victory too early.
Federal Reserve Is Set to Cut Rates Again While Facing a Hazy Post-Election Outlook
No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut intere
Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook
Two days after the election, the Federal Reserve will cut rates again. No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool,
Dollar ticks lower as US election, likely Fed rate cut loom
The dollar slid on Monday as investors braced for a potential pivot this week for the global economy as the United States chooses a new leader, and as it likely cuts interest rates again with major implications for bond yields.
US Fed to debate rate cut in shadow of presidential election
The US Federal Reserve is widely expected to cut interest rates again this week, while votes are being counted in one of the closest-fought presidential races in decades.
Wall Street week ahead: All eyes on US presidential election, Federal Reserve rate decision
Democrat candidate Kamala Harris and Republican opponent Donald Trump are in a tight presidential race for the White House.Fed is widely expected to cut interest rate for a second time this year
Weak Jobs Report Signals Fed Will Cut Rates Next Week
Last month, we were impressed with a very strong jobs report for September that called into question whether or not the labor ...
Jobs Data Come as the Fed Stares Down a Complex Moment
Growth has been resilient, but inflation is cooling. The combination makes it hard to guess how much policymakers will lower ...
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October jobs report shows slower hiring in the wake of strikes, hurricanes
Employers added just 12,000 jobs in October as hiring slowed substantially. The total was expected to be constrained by two ...
Private Sector Jobs Went Negative In October. Will The Fed Panic Again?
According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added only ...
Muddled Jobs Data May Do Little to Alter Immediate Fed Rate Path
Hiring stalled out in October, but that happened as two hurricanes hit the country, most likely substantially affecting job ...
Labor market, growth remain solid, keeping Fed on track for another rate cut
The Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.
Storms and Strike Will Complicate Last Jobs Report Before Fed Meeting, Election
Friday’s employment report is the last the Federal Reserve will see before its policy meeting next week. But the data will be ...