Workflow
What to expect from Wednesday's Fed meeting on rate cuts as layoffs at major companies continue
Youtube·2025-10-29 05:54

The Fed flying blind to tomorrow's rate decision. The market pricing in near certainty for a quarter point cut even with no official jobs data thanks to the nearly month-long government shutdown. But there is peace meal evidence of an employment market under some pressure.Amazon today officially announcing it is cutting 14,000 jobs. UPS saying it slashed payrolls by 48,000 this year. They join names like Target, Meta, Starbucks, and more who've called their workforces.The market's betting those job cuts are ...