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 ...
December jobs report could set 2025’s tone. Trump’s tariffs and Fed rate policy may stoke inflation risks and market ...
Employers added 256,000 jobs in December despite uncertainty over President-elect Donald Trump's policies. Unemployment ...
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 ...
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 ...
Due to the stronger-than-expected jobs report, Bank of America economists revised the Fed outlook for this year: “We no ...