Jobs News Friday’s Jobs Report Will Likely Determine The Size Of The Fed’s Rate Cut

No jobs report leaves Fed flying blind. Markets still expect rate cuts.

Federal Reserve officials are officially flying blind as a government shutdown precluded Friday's release of a key monthly jobs report, arguably the most important data needed to make a decision about ... Read More

The Fed cuts interest rates again as concerns grow about the job market

The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, because the central bank is more concerned about the job market than it is with battling inflation. Read More

Shutdown Blocks Jobs Data: Will The Fed Cut Rates In The Dark?

Interpreting economic data is challenging on a good day—harder still when crucial reports go missing. Yet, even without key labor market updates amid the ongoing government shutdown, the Federal ... Read More

The jobs sector employing the most Americans has been shrinking for months - making the case for another Fed rate cut

Service sector activity drops to lowest level in five years The report also shows signs of rising inflation, highlighting the dilemma for the Federal Reserve. The Institute for Supply Management said ... Read More

The jobs sector employing the most Americans has been shrinking for months – making the case for another Fed rate cut

The Institute for Supply Management said on Friday that employment contracted in the service sector for the fourth straight month in September. The service sector, which employs most Americans, has ... Read More