Fed Cuts Rates by a Quarter Point
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Investors have been navigating an increasingly hazy outlook for the U.S. economy, as surveys of consumer sentiment have appeared to clash with so-called hard data regarding the state of the labor market. Back To Top
Reports from private companies painted a by-now-familiar picture of the job market in September: few were hiring, few were firing, and the labor market overall looked a little shaky.
A once-obscure data-sharing deal between ADP and the Fed helped shape monetary policy for years—until it abruptly vanished.