The Fed didn’t cut interest rates. Here are 5 things to watch next.
Yahoo Finance·2026-01-29 04:44
Policymakers may not see rate cuts as urgent, but Americans aren’t feeling much better about their own economic prospects. The job market is not as robust as it was a few years ago — and feels much worse than it looks on paper. Hiring is at its weakest since 2013 , when the unemployment rate was above 7%, according to Labor Department data. By comparison, joblessness currently sits at 4.4%. At the same time, prices are rising again for many of the essential items households can’t cut out, such as groceries, ...