Fed members' outlooks reset bets on interest rate cuts in 2025
Just before Joe Biden leaves the White House and Donald Trump returns, two prominent Republican members of the Federal Reserve Board are weighing in on how fast interest rates should come down. The two — Michelle Bowman and Christopher Waller — say rates can come down in a measured way.
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls was leading to a reduced market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of calculating expectations — and one big bank sees the risks tilting toward a rate hike.
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 Reserve decision on January 29.
Strong December job growth points to fewer Fed interest-rate cuts
Employers added 256,000 jobs in December, blowing past economists' expectations and signaling that the job market remains resilient in the face of still-high borrowing rates and stickier-than-expected inflation.
Fed seen cutting policy rate just once in 2025 as job growth surges
Traders on Friday bet the Federal Reserve will wait until at least June to reduce its policy rate, and end its rate-cutting cycle there after government data showed employers added far more jobs than expected in December.
Traders Grow More Certain of No Fed Rate Cut in January
The odds of a rate cut from the Federal Reserve are getting slimmer by the day. Markets are pricing in a 95% chance that the Fed keeps borrowing costs unchanged at its Jan. 30 decision. That’s up from 94% yesterday,
Why two Fed officials doubt the need for many more rate cuts
Two top Federal Reserve officials on Thursday questioned the need for many more interest rate cuts. Fed Governor Michelle Bowman and Kansas City Fed President Jeff Schmid both said the 100 basis points in rate cuts since September has brought the Fed’s benchmark rate down to “neutral,” where it neither dampens or boosts demand.
U.S. Added 256K Jobs in December, Blowing Past 160K Estimate
The employment market in the U.S. picked up steam in December, with job growth topping economist forecasts by a mile and the unemployment rate
December’s Blowout Jobs Report Signals a Fed Pause
Soaring payroll growth and low unemployment in December are more than likely to keep the Federal Reserve from cutti
Employers Added 256,000 Jobs in December, and Unemployment Slips to 4.1%
The U.S. economy added 256,000 jobs last month and the unemployment rate edged down, the Labor Department said.
The Fed Funds Market Is Not What It Used To Be
Explore the impact of the Fed Funds Rate on U.S. monetary policy and how it has evolved post-GFC, shifting focus to IORB and ...
Surprising Dec US payrolls jump supports longer Fed pause
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% from November's 4.2% as the ...
Fed’s Schmid Backs Gradual Rate Cuts If Economic Data Improve
Federal Reserve Bank of Kansas City President Jeff Schmid said he favors slowing the pace of interest-rate cuts and only ...
December Jobs Report: Busting The Fed's Labor Market Assessment
US job growth surged in December, surpassing expectations. The services sector drove gains, but wage growth slightly slowed.
Expectations for Fed to ease in 2025 have diminished, says Dynamic Economic Strategy CEO
John Silvia, founder and CEO of Dynamic Economic Strategy and former chief economist at Wells Fargo, comments on the state of ...