Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
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,
U.S. stocks are struggling in 2025, with the Dow Jones Industrial Average off to its worst start to a year since 2016, as ...
Federal Reserve Bank of Boston President Susan Collins said Thursday that significant uncertainty over the outlook calls for ...
Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress ...
7hon MSN
U.S. job growth surged and unemployment fell last month, an unexpected show of strength that may prove costly to homebuyers ...
Investors absorbed a report that President-elect Donald Trump is considering declaring a national economic emergency to pave ...
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