Labor Market Assessment - The rationale for cutting interest rates is linked to potential downside risks in the labor market [1] - Stabilizing or strengthening labor market data would influence decisions on future interest rate cuts [2] - Current data, including initial claims and job openings, suggests a gradual cooling in the labor market [4] - A prolonged shutdown hindering data collection could impact the committee's ability to assess the labor market and make policy decisions [4] Economic Data and Uncertainty - The committee considers labor market, inflation, and economic activity data, along with the Beige Book [5] - A significant economic change would likely be detected despite data limitations [5] - High uncertainty could lead to a cautious approach regarding December's decisions [6]

Let's get back to our uh panel for some reaction here. Jim, I'm going to start with you first. We showed the charts of the market reaction.Equity markets have been relatively stable as they were going into this print. The curve from the 2-year all the way to the 30 have moved maybe higher by anywhere from what I could see one to three basis points. This is all about the Fed rate press conference now at this point.But what stood out to you from hearing what you heard from Steve and then what you saw or didn' ...

JOE: COUNTING DOWN TO THE FED AND MEETING OF THE MINDS. WE APPROACH THE FED’S INTEREST RATES AND PRESIDENT TRUMP MEETING WITH PRESIDENT XI. WE WILL GET AN UPDATE FROM SOUTH KOREA AS HE MAX HAS WAY THROUGH THE SUMMIT AND WE WILL HAVE A MECHANICAL PANEL AND BY THE TIME THIS HOUR IS DONE WE WILL HAVE SPECIAL COVERAGE ON WASHINGTON.WE HAVE THE LATEST ON THE TRADE AS WE GET SET FOR AN INTEREST RATE CUT. >> YOU ARE RIGHT ON THAT. ONE HOUR FROM NOW WE HAVE YOU COVERED ON BLOOMBERG TELEVISION AND RADIO WITH MICHAEL ...

Federal Reserve cuts interest rates by another quarter point, dropping its benchmark lending rate to the lowest level in three years. https://t.co/dYdGoJmjLn ...

JUST IN: Federal Reserve cuts interest rates by 25 basis points ...

Breaking: The Fed lowered interest rates by a quarter point, but a data blackout is blurring the path for further cuts https://t.co/BZWC84n2qr ...

🚨BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 25 bps https://t.co/r1q4oBwCwj ...

🇺🇸 BREAKING: Jerome Powell and the Federal Reserve have decided to cut interest rates 25bps. https://t.co/wZUvDC88Os ...

BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 25bps. https://t.co/2JDmlHrZYR ...

BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 25bps. ...