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,
4hon MSN
U.S. job growth surged and unemployment fell last month, an unexpected show of strength that may prove costly to homebuyers ...
"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%," ...
US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations of future rate ...
Federal Reserve Bank of Boston President Susan Collins said Thursday that significant uncertainty over the outlook calls for ...
Bank of America thinks that the US rate-cutting cycle is over, though Oxford Economics is still holding to its base forecast ...
Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress ...
The U.S. economy added 256,000 jobs last month and the unemployment rate edged down, the Labor Department said.
The U.S. dollar rallied on Friday after data showed the world's largest economy created more jobs than expected last month, ...
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