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BusinessSingle sourceUpdated 21 days ago

Another Fed Official Suggests Next Rate Increase Can Wait

A Federal Reserve official signaled the central bank can afford to wait before its next interest rate increase, adding to signs of patience among policymakers. The comments come as the Fed balances inflation concerns against a softening labor market.

1 independent report · The Wall Street Journal · Full story

BusinessConfirmedUpdated 21 days ago

US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in September

The U.S. economy added 29,000 jobs in September, well below expectations, while the unemployment rate ticked up to 4.2%, according to the Bureau of Labor Statistics. The soft report points to a cooling labor market and raises the stakes for the Federal Reserve's next decision on interest rates.

14 independent reports · Al Jazeera, Axios, Delaware County Times and 11 more · Full story

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