Fed Cuts Rates Again to Boost Jobs, AI Impact Looms
The Fed slashed rates again on Oct. 29 to spark job growth amid AI worries, despite inflation risks and limited data visibility.
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The Fed slashed rates again on Oct. 29 to spark job growth amid AI worries, despite inflation risks and limited data visibility.
The US Fed cut its key rate to 3.75–4% for the second time as a month-long government shutdown adds uncertainty to the economic outlook.
The US Fed cut rates by 25bps to 4–4.25%, its first move since Dec 2024. Discover what this means for global markets and young pros.
US unemployment rose to 4.3% in August and private hiring slowed, boosting odds for a Fed rate cut in September as markets react.