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Federal Reserve Divided as Unemployment Hits 4.4% Amid Growth

11/25/2025

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Summary

Story summary

The Federal Reserve faces challenges as unemployment reaches 4.4% amid jobless expansion.
The economy grew 3.8% in the second quarter due to tech-driven growth.
Hiring has declined.
The Fed is divided on whether to cut rates to support the labor market, as upcoming data may influence its December decisions.
Inflation remains above the 2% target despite tariffs not significantly impacting inflation.

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Story summary

The Federal Reserve faces challenges as unemployment reaches 4.4% amid jobless expansion.
The economy grew 3.8% in the second quarter due to tech-driven growth.
Hiring has declined.
The Fed is divided on whether to cut rates to support the labor market, as upcoming data may influence its December decisions.
Inflation remains above the 2% target despite tariffs not significantly impacting inflation.