The October Fed meeting wraps up today, October 29, with the central bank's latest policy decision. As expected, it reduced interest rates once again, by a quarter-point.
Following a recent string of lower-than-expected jobs data, the central bank resumed rate cuts at its September meeting. And while the ongoing government shutdown has delayed the release of key economic data – including the September jobs report – private data releases, such as the ADP Employment Report, underscore weakness in the labor market.
