Core Points - The Federal Reserve announced a quarter-percent rate cut, aligning with market expectations despite a government shutdown disrupting major data releases [1][2] - The Fed's decision was made without complete economic data, as key reports like the September jobs report were delayed due to the government shutdown [2][4] - Chair Jerome Powell emphasized the Fed's dual mandate of maximum employment and tempered inflation, indicating a shift towards a more neutral policy in response to a softer job market [3][4] Economic Indicators - The consumer price index rose to 3% in September, slightly below the 3.1% forecast, marking the first time it has reached this level since January [8] - Job openings have declined, and unemployment has increased, with more Americans seeking work than available roles [4] - Consumer sentiment dipped in October, indicating a decrease in financial security among Americans [9] Fed's Internal Dynamics - The Federal Open Market Committee has shown division in recent decisions, with some members advocating for more aggressive rate cuts [10][11] - New Fed governor Stephen Miran preferred a half-percentage point cut, while others wanted to maintain current rates [10] - Political pressure from the Trump administration has influenced the Fed's decision-making, with calls for rate cuts from the president [12][13] Future Outlook - Powell stated that lower rates should support economic activity, particularly for consumers borrowing for mortgages and loans [14] - The Fed aims for a strong economy with a robust labor market and stable prices, although the immediate effects of a single rate cut may not be visible [14]

The BIGGEST Mention Market of the MONTH&& I got my plays.We going HARD on the NO'sGovernment Shutdown, data may be sparse.Plays Below______Inflation 50 + Times | NO◦ Has hit 5/6 times, with 4 being only 1-2 times over◦ Gov shutdown means data will be minimal, therefor i lean less talking in general, we take the coin flip for NOUnemployment / Employment 25+ Times | NO◦ Same idea as the above, data will be lower due to shutdown◦ Averages 29 mentions, with the opening part of the speeches closer to 13+ times, ...

What if poverty is the result of employment, as opposed to the absence of it? @keds_economist on the tyranny of low-quality jobs (via @opinion) https://t.co/63nXlCXn4M ...

Friday's cooler thanex expected CPI print is boosting expectations for the Fed to trim rates by a quarter point at this week's meeting. Joining us right now is former Cleveland Fed President Loretta Mester. She's also a CNBC contributor.And Loretta, what do you think. The the numbers were a little weaker than anticipated, but you're still looking at uh inflation up better than 3% on a year-over-year basis. >> Yeah, Becky, thanks.Good morning. You're you're exactly right. If you looked at the headlines comin ...

Key TakeawaysReserve Bank of Australia (RBA) Governor Michele Bullock highlighted Australia's strong employment market outcomes compared to other nations, alongside satisfying progress in curbing inflation.OPEC+ is reportedly maintaining its current oil production strategy, with no intention to pivot until a more significant decline in global oil prices occurs.Copper prices are nearing record highs, buoyed by optimism surrounding an anticipated trade deal between the United States and China, which is expect ...

Just as Australia’s central bank was on track to meet its inflation and employment mandate, fresh data may suggest emerging headwinds that challenge the interest rate-setting board’s assumptions. https://t.co/cAmjzFdN1y ...

AI Impact on Employment - AI 对就业的影响在官方数据中难以直接体现 [1] - 对 30 万家公司的研究表明，AI 采用可能导致企业招聘意愿降低 [1] - 如果 AI 对就业没有影响，采用 AI 的公司招聘情况应与未采用 AI 的公司一致 [1]

RT More Births (@MoreBirths)The youth unemployment problem that plagues most of Italy? Not a problem in South Tyrol.Unemployment in Bolzano stands at just 2.3 percent, the lowest in the country. Young people can find good work and leave home earlier, starting families sooner. 7/8 https://t.co/kRSlS7kagf ...

If AI had no bearing on employment, hiring at firms which have adopted it might be expected to match that at non-adopting firms.The effect is still hard to spot in official data. But a study of 300,000 companies suggests where hiring is weakening https://t.co/P2GcfkgBjs ...

If AI had no bearing on employment, hiring at firms which have adopted it might be expected to match that at non-adopting firms.The effect is still hard to spot in official data. But a study of 300,000 companies suggests where hiring is weakening https://t.co/PNXa0murTh ...