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 ...
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.
At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% ...
"The strong jobs report is good news for the economy but serves as the latest obstacle for markets that had increasingly ...
Employers added 256,000 jobs in December despite uncertainty over President-elect Donald Trump's policies. Unemployment ...
Bank of America said Friday it no longer expects the Federal Reserve to cut interest rates in 2025 following the ...
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.
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
Due to the stronger-than-expected jobs report, Bank of America economists revised the Fed outlook for this year: “We no ...