Key Takeaways The odds of the Federal Reserve cutting its benchmark interest rate this year fell after a jobs report Friday showed hiring in December blew past expectations.Strong job growth means ...
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its first meeting of the year in January — or for the foreseeable future. "I think they are done here," Blake Gwinn, ...
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation expectations rise, BofA says.
Stock futures were pointing to further losses on Monday, suggesting the market still isn't over a blockbuster jobs report ...
Employers added 256,000 jobs in December despite uncertainty over President-elect Donald Trump's policies. Unemployment ...
Due to the stronger-than-expected jobs report, Bank of America economists revised the Fed outlook for this year: “We no ...
U.S. employers likely added 153,000 jobs in December, close to the average of the last six months, while the unemployment ...
Investors are now pricing in just one interest-rate cut from the Federal Reserve this year. Investors expect the central bank's federal-funds rate to end the year just above 4%, according to LSEG data ...
Soaring payroll growth and low unemployment in December are more than likely to keep the Federal Reserve from cutti ...
Jan 10 (Reuters) - Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA Global Research forecasting a potential rate hike from the ...
December jobs report could set 2025’s tone. Trump’s tariffs and Fed rate policy may stoke inflation risks and market ...