Jobs News What’s Next For Rate Cuts The Fed Is Watching Jobs And Prices

Fed's Waller says weak job market justifies rate cut in December

The data available during the recent U.S. government shutdown shows the job market near stall speed, with state unemployment claims rising slightly, layoff numbers increasing, and no evidence of ... Read More

Fed’s Waller Says Economy Feeling The Squeeze — Upcoming Jobs Data Won’t Dissuade Him From Bating For December Rate Cut

Waller wasn’t worried about inflation accelerating or inflation expectations rising significantly. ・He noted that slowing labor demand was underscored in surveys of employers and workers. ・The next ... Read More

Fed’s Waller Backs Another Cut as Job Market Nears ‘Stall Speed’

Federal Reserve Governor Christopher Waller repeated his view that the central bank should again lower interest rates when policymakers meet in December, citing a weak labor market and monetary policy ... Read More

Fed Debate Heats Up: Cut Interest Rates to Save Jobs or Hold Firm Against Inflation?

A divided Fed faces tough choices ahead of its December meeting—cut rates to support jobs or hold firm to fight stubborn inflation. Read More

Private-Jobs Data Paints Grim Picture as Fed Wrestles With Rate Cut

Estimates suggest the economy shed thousands of jobs in October, as the government shutdown continues to delay official data. Read More

Shutdown's data delays linger as government reopens, risking inflation and jobs reports

The end of the government shutdown is sending its economic statistic agencies back to work to resume collecting and reporting valuable data. Read More

Fed reduces interest rate by a quarter point, Powell says December cut not guaranteed

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ... Read More

2 Federal Reserve officials oppose an interest rate cut in December

Two Federal Reserve officials expressed opposition Wednesday to another interest rate cut at the central bank’s next meeting in December, further muddying the outlook for the Fed’s next steps. Read More