NEW YORK (Reuters) - St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but warned the pace of future actions has grown less clear. With inflation likely to continue to ebb to the Fed's 2% target, additional easing of moderately restrictive policy toward neutral...

NEW YORK (Reuters) - St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but warned the pace of future actions has grown less clear. With inflation likely to continue to ebb to the Fed's 2% target, additional easing of moderately restrictive policy toward neutral...

WASHINGTON (Reuters) - U.S. private payrolls increased at a moderate pace in November, the ADP National Employment Report showed on Wednesday. Private payrolls rose by 146,000 jobs last month after advancing by a downwardly revised 184,000 in October. Economists polled by Reuters had forecast private employment increasing by 150,000 positions after a previously reported 233,000 jump in October. The ADP...

The pace of monthly employment growth among U.S. private businesses decelerated in November and slightly missed economist expectations. Private employers added 146,000 new payrolls in November, down from the downwardly revised 184,000 in October and slightly below the expected 150,000, as reported by Automatic Data Processing Inc. on Wednesday. Strong hiring at large employers led this month’s growth, yet industry performance was...