Fed’s Beige Book Shows Cooling Labor Market, Softer Spending Ahead of December Rate Decision

Across many districts, the Beige Book found that employment “edged lower,” marking a shift from earlier reports.

September Jobs Report Injects More Uncertainty Into Fed’s December Decision

Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.
InvestorsHub on MSN

Gold Climbs as Softer U.S. Data Strengthens Expectations for December Fed Cut

Gold prices pushed higher in Asian trading on Wednesday, lifted by a weakening U.S. dollar after a run of underwhelming U.S. economic reports added momentum to bets that the Federal Reserve will lower interest rates in December.

Stocks climb on hopes for lower interest rates as Dow rallies 660 points

The Dow Jones Industrial Average rallied 664 points, or 1.4%, and the Nasdaq composite gained 0.7%. Stocks got a boost from easing yields in the bond market. Lower interest rates can cover up many sins in financial markets,
Feedback