By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - The Federal Reserve, goaded by the risk of rising unemployment, reduced interest rates on Wednesday for the first time since December and indicated more cuts would follow to halt any slide in a labor market already experiencing higher joblessness among Blacks, a declining workweek, and other signs of weakness. The decision moves in a direction called for by President Donald Trump, but falls far short of the steep cuts in borrowing costs that he ha ...

What do you make of the futures pulling back. I mean, we saw that the CPI come in line. A lot of people believe that's going to lead us uh excuse me, the jobless claims are going to lead us to a cut.Why are we seeing this pullback today. Any any idea. Well, Frank, the number one thing that matters for next week is, of course, the resumption of the Fed's easing cycle.And I actually think it drives a pretty constructive market market setup going into the next 6 months. Now, even though that easing is going to ...