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Federal Reserve · United StatesA Federal Reserve split over where its priorities should lie lowered its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee cut its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%.See the Story
Divided Fed approves third rate cut this year, sees slower pace ahead
46% Center coverage: 177 sources

Unemployment · OregonJobless rate jumps a full percentage point year-over-year, marking the largest increase in the nation Oregon’s labor market deteriorated significantly over the past year, with the state recording the nation’s largest unemployment rate increase and raising concerns about the durability of the Pacific Northwest’s economic recovery. The state’s unemployment rate climbed to 5.2 percent in September, up a full percentage point from the 4.2 percent re…See the Story
Oregon’s unemployment rate climbs to among the highest in the U.S.
100% Center coverage: 1 sources
