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 ...
U.S. employers likely added 153,000 jobs in December, close to the average of the last six months, while the unemployment ...
The December jobs report showed a surprise surge in hiring and an unexpected drop in the unemployment rate. Taken together, ...
Soaring payroll growth and low unemployment in December are more than likely to keep the Federal Reserve from cutti ...
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.
Employers added 256,000 jobs in December despite uncertainty over President-elect Donald Trump's policies. Unemployment ...
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an ...
The Labor Department reported that employers added 256,000 jobs in December. Unemployment drops to 4.1%. Read the implications of this report on the Fed policy.
Due to the stronger-than-expected jobs report, Bank of America economists revised the Fed outlook for this year: “We no ...
"The robust December employment report is another piece of ... The tool forecasts rate changes based on fed funds futures trading data. Why More Jobs = Higher Interest Rates The reason good ...