Reported 30 days ago
In the upcoming week, two critical reports on inflation and the labor market will influence the Federal Reserve's decisions regarding interest rates at their November meeting. Analysts are divided on whether the Fed will choose to cut rates again or pause, with signs of stronger inflation and job gains potentially guiding their decision. While some expect a 25 basis point cut is likely, concerns over recent hurricanes and labor strikes may complicate the interpretation of the jobs data, making it a pivotal moment for the Fed.
Source: YAHOO