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Appears in 1 story · Last updated Oct 30, 2026
May 2026 ADP report showed 122,000 private-sector jobs, above forecasts, as official payroll growth slowed.
The Federal Reserve cut interest rates by 25 basis points on December 10, 2025, in a deeply divided 9–3 vote—the most dissents in six years, bringing the funds rate to 3.5–3.75%. Minutes released December 30 revealed the decision was 'finely balanced,' with officials split over whether weak hiring or inflation poses the greater risk.
Updated Oct 30
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