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US Job Growth Surges in Dec., Impacting Fed Rate Cut Outlook
US Inflation Is Set to Back Fed Pause After Robust Jobs Data
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further rate cuts.
US Job Growth Surges in December, Impacting Fed Rate Cut Outlook
The US economy defied expectations in December, adding 256,000 nonfarm payroll jobs, surpassing economists forecast of 164,000 and Novembers revised 212,000 increase. The unemployment rate dipped to 4.
US adds surprisingly strong 256K jobs in December — dimming hopes for Fed rate cuts
US employers added a surprisingly strong 256,000 jobs in December, dimming hopes that the Federal Reserve will cut interest rates anytime soon — which sparked a sell-off on Wall Street. The blowout number from the US Bureau of Labor Statistics — a massive jump from the month before that economists took as a sign the job market is recovering from a mid-2024 stumble — pushed back traders’ bets for the central bank to cut rates to September
new york, Wall Street
Stock market today: Wall Street recoils after good news on the economy raises inflation worries
U.S. stocks are recoiling on worries that good news on the job market may prove to be bad for Wall Street by keeping inflation and interest rates high.
Stock market today: Good news on the economy fans inflation fears and drags Wall Street lower again
U.S. stocks are recoiling on worries that good news on the job market may be too good and prove to be bad for Wall Street by keeping inflation and interest rates high
Wall Street sinks after good news on the economy raises worries about inflation
U.S. stocks are sinking on worries that Friday’s good news on the job market may be too good and prove to be bad for Wall Street by keeping inflation and interest rates high.
1d
Wall St Week Ahead Inflation report could rattle markets after bond yields climb
U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising ...
1d
on MSN
US Consumer Inflation Expectations Jump to Highest Since 2008
US consumers’ long-term inflation expectations jumped to the highest since 2008 on concerns about potential tariffs from the ...
1d
on MSN
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, ...
1d
Brazil's inflation ends 2024 above target, setting stage for more rate hikes
Brazil's annual inflation came in slightly below market forecasts in December but still ended 2024 above the upper limit of ...
2d
Cooling COLA: 2024 Social Security Benefits Up 3.2% Amid Lower Inflation
The average Social Security payment will rise by more than $50 per month starting in January, thanks to the federal ...
1d
on MSN
Top Industries Where Pay Is Outpacing Inflation—And Where It's Not
The average American worker's pay increased at about the same rate as inflation in December, but pop the hood and you'll find some workers fared better than others.
1d
December jobs report: Big 256,000 gain fans inflation fears and Fed rate-cut doubts
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
2d
Fed finds new reason for confidence in obscure inflation gauge
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
2d
on MSN
New York taxpayers to get inflation relief checks, but critics question funding source
By now you've probably heard about Governor Kathy Hochul's plan to send an inflation refund check to most New York taxpayers ...
4d
UK Inflation-Linked Yields Hit Highest Since Truss’s 2022 Rout
The yield on the UK’s 30-year inflation-linked bonds rose to 2% for the first time since the market meltdown in late 2022.
19h
on MSN
Bonds hammer Fed rate cut bets as inflation greets Trump White House
The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...
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