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Fed minutes show divide over October rate cut and cast doubt about December — REUTERS / pwu404

Federal Reserve · United States

Fed minutes show divide over October rate cut and cast doubt about December

63% Center coverage: 57 sources

Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor market or stubborn inflation were bigger economic threats, minutes released Wednesday showed.See the Story

Labor Department scraps October jobs report due to shutdown — REUTERS / ixx511

US Economy · United States

Labor Department scraps October jobs report due to shutdown

64% Center coverage: 52 sources

The Bureau of Labor Statistics (BLS) will not release a federal employment report for October after missing the window to collect data from households during the government shutdown, the agency announced Wednesday. See the Story

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates — REUTERS / pwu404

Scott Bessent · United States

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates

74% Center coverage: 46 sources

President Donald Trump on Wednesday warned Treasury Secretary Scott Bessent that he would fire him if the Federal Reserve doesn’t decrease interest rates. See the Story

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