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Strong Dec. Jobs Report Kills Chances Of A Jan. Fed Rate Cut
Fed rate cuts are already over after they barely started as blowout jobs report shifts focus to hikes, BofA says
"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for additional easing."
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.
Stock market today: Dow plunges 697 points after jobs report hits rate-cut bets
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," Jeremy Siegel said.
U.S. added 256,000 non-farm jobs, beating expectations
Jobs Report Today: December Hiring Smashes Estimates
Payrolls: 256,000 jobs added in December vs. 153,000 expected, according to economists surveyed by FactSet. Unemployment rate: 4.1%, down from 4.2% in November. Revisions: October
December jobs report: U.S. added 256,000 non-farm jobs, beating expectations
The economy created 256,000 jobs in December, much stronger than what was predicted by Wall Street experts and more than 40,000 from the previous month, the Labor Department in its report released on Friday.
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News contributor Javier David explains why investors see the better-than-expected jobs report as a bad thing.
23h
on MSN
Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
US stocks slid Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts ...
1d
December jobs report: Strong 256,000 increase raises fresh inflation worries
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
9h
Strong jobs report gives market investors the jitters
The U.S. economy boasted an impressive 256,000 nonfarm payrolls in December, a figure that shocked forecasters.
1d
on MSN
Why the blowout jobs report is tanking stocks and sending yields spiking
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
22h
U.S. stocks got clobbered Friday despite a blockbuster jobs report. What’s going on?
U.S. stocks tumbled on Friday after a blockbuster December jobs report.
1d
Jobs report fuels Treasury yield surge as markets brace for 5% threshold
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
22h
on MSN
WATCH LIVE: President Biden Delivers Remarks on Jobs Report and the State of the Economy
President Joe Biden delivers remarks on Friday’s December Jobs Report at 5 p.m. ET. CLICK HERE TO READ MORE FROM THE ...
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