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US Job Growth Surges in Dec., Impacting Fed Rate Cut Outlook
US Inflation Is Set to Back Fed Pause After Robust Jobs Data
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further rate cuts.
US Job Growth Surges in December, Impacting Fed Rate Cut Outlook
The US economy defied expectations in December, adding 256,000 nonfarm payroll jobs, surpassing economists forecast of 164,000 and Novembers revised 212,000 increase. The unemployment rate dipped to 4.
US adds surprisingly strong 256K jobs in December — dimming hopes for Fed rate cuts
US employers added a surprisingly strong 256,000 jobs in December, dimming hopes that the Federal Reserve will cut interest rates anytime soon — which sparked a sell-off on Wall Street. The blowout number from the US Bureau of Labor Statistics — a massive jump from the month before that economists took as a sign the job market is recovering from a mid-2024 stumble — pushed back traders’ bets for the central bank to cut rates to September
21h
on MSN
Bonds hammer Fed rate cut bets as inflation greets Trump White House
The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...
2d
on MSN
Fed’s Bowman Flags Inflation Risks, Encourages Cautious Approach
Federal Reserve Governor Michelle Bowman said she sees lingering inflation risks and that policymakers should proceed ...
1d
Wall St Week Ahead Inflation report could rattle markets after bond yields climb
U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising ...
1d
Strong December Jobs Report Kills Chances Of A January Fed Rate Cut
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...
1d
on MSN
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption ...
2d
Fed finds new reason for confidence in obscure inflation gauge
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
1d
on MSN
What BofA says it would take for the Fed's next rate move to be a hike
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
1d
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
3d
on MSN
Fed minutes show policymakers see immigration, tariff shifts creating inflation uncertainty
Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect ...
20h
on MSN
Fed rate cuts are already over after they barely started as blowout jobs report shifts focus to hikes, BofA says
"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for ...
1d
December jobs report: Big 256,000 gain fans inflation fears and Fed rate-cut doubts
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
3d
on MSN
CNBC Daily Open: Fed’s inflation worries didn’t bother markets
On paper, minutes for the Fed’s December meeting spelled bad news for investors. But it seems investors had already priced in ...
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