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 surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest employment reports masks recent softness in the labor market. The increase in new ...
Economic trends appear to be moving in the right direction, and the central bank is likely to adopt a hands-off approach at ...
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
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 ...
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 ...