Fed rate cuts were so 2024. There are risks the next move could be a hike, Bank of America says.
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 extended hold,
Minutes suggest that Fed policymakers were already returning to the data-dependent mindset in the face of the incoming Trump ...
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
The U.S. economy added 256,000 jobs last month and the unemployment rate edged down, the Labor Department said.
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