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Pressure Mounting for Another Fed Cut

News from or about the Federal Reserve Board last week was sparse on the ground as U.S. equity markets were rocked by increasing data-based concerns about a potential slowdown or recession in the U.S. Just below that was investor fear about the ongoing possibility of an impeachment inquiry into President Donald Trump. For more see pages 1 and 10.

Some data wasn’t encouraging and some was. Friday, the Labor Dept. said the economy added 136,000 jobs in September and the unemployment rate dropped to 3.5% from 3.7% in August, marking the lowest rate since December 1969

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