rate cut jobs news - Search News

Fed seen slowing rate cut pace

Markets Insider on MSN · 23h

The September jobs report dashed hopes for another jumbo rate cut next month

In addition, the unemployment rate unexpectedly fell to 4.1%, bucking estimates that it would stay unchanged at 4.2%.That led to an immediate repricing of rate-lowering expectations. The CME FedWatch Tool showed that the odds of a 50-basis-point cut dropped to about 9% from 33% in a matter of minutes.

Fox Business on MSN · 20h

Larry Summers says jobs report shows Fed's half-point rate cut was 'a mistake'

Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut was "a mistake," in hindsight.

Reuters on MSN · 22h

Fed seen slowing rate cut pace after strong US jobs data

A surge in job growth last month will allow the Federal Reserve to eschew any further big interest-rate reductions and stick to gradual cuts going forward, traders bet on Friday.

Employers added 254,000 jobs in Sep., blowing away forecasts

CBS News · 11h

Employers added 254,000 jobs in September, blowing away forecasts

Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.

New York Post on MSN · 16h

US economy added 254K jobs last month — blowing past forecasts

A significantly weaker labor market increases the chances that the Fed will make deeper cuts to the benchmark interest rate.

U.S. News & World Report on MSN · 1d

Boom! Employers Added 254K Jobs in September

The labor market roared back to life in September as employers thrashed expectations, adding 254,000 jobs. Economists had forecast an increase of 150,000 after the upwardly revised 159,000 gain in August.

17hon MSN

Did Friday's Jobs Data Take a Jumbo Rate Cut Off the Table? Wall Street Thinks So

Key Takeaways Market participants reassessed the outlook for interest rates on Friday after a surprisingly strong jobs report ...

1d

Traders Bet on Smaller Rate Cut in November

After Friday’s surprisingly strong jobs report, Wall Street traders firmly expect the Federal Reserve to cut interest rates ...

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