Express News | U.S. Bureau of Labor Statistics: Employment situation for September 2025 will be released on November 20. State employment and unemployment data for October 2025 (monthly data) will be published on November 21.
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Fed official who opposed rate cut in October: Further rate cuts could exacerbate inflationary pressures.
On Friday local time, Kansas City Fed President Jeff Schmid stated that further interest rate cuts could play a greater role in reinforcing high inflation than in supporting the labor market.
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Express News | Fed's Schmid (2025 voter): Further interest rate cuts could have a lasting impact on inflation; supports the decision to halt the reduction of the Fed's balance sheet.