Blowout Dec. Jobs Report Puts Rate Cuts on Ice

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.
Why the December Jobs Report Dashed Hopes for Another Fed Rate Cut
Key Takeaways The odds of the Federal Reserve cutting its benchmark interest rate this year fell after a jobs report Friday showed hiring in December blew past expectations.Strong job growth means less pressure on the Fed to cut interest rates to save the economy and prevent layoffs.
Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
New York (CNN) — US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve. The Dow dropped by 697 points, closing at 41,938, while the S&P 500 fell by 1.5% and the tech-heavy Nasdaq index was lower by 1.6%.
Strong December job growth could augur fewer Fed interest-rate cuts. Here's why.
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
December Jobs Report: Busting The Fed's Labor Market Assessment
US job growth surged in December, surpassing expectations. The services sector drove gains, but wage growth slightly slowed. Click for more on the December jobs report.
Fed likely to hit pause on rate cuts after strong jobs report — asset managers
A stronger than expected December jobs report will likely compel the Federal Reserve to postpone any more rate cuts as the economy ended 2024 with a bang, asset managers said.
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 Financial Group said.
After hotter-than-expected jobs report, Fed funds futures show higher chance of Fed pausing rate cuts next few months
Friday’s hotter than expected jobs report spurred traders in the federal-funds futures markets to price in a higher probability that the Federal Reserve will maintain its benchmark interest rate at the current level over the next few months.
Dow tumbles more than 750 points following blowout jobs report
US stocks fell Friday after the December jobs report showed another month of strong employment, complicating the Federal Reserve’s rate-cutting campaign.
Blowout December Jobs Report Puts Rate Cuts on Ice: What the Experts Are Saying
The December jobs report showed a surprise surge in hiring and an unexpected drop in the unemployment rate. Taken together, the data strengthen the case for the Federal Reserve to maintain its current cautious stance toward lowering borrowing costs,
December jobs reports has Wall Street starting to talk about rate hikes in 2025
A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
US dollar firms as strong jobs data supports Fed easing pause
The U.S. dollar rallied on Friday after data showed the world's largest economy created more jobs than expected last month, ...
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 ...
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Blowout jobs report fuels Wall Street fear of ‘lose-lose’ market
Surging payrolls data and shrinking unemployment have disrupted hopes for a Fed rate cut-fueled bull market in 2025 ...
BofA bets on a potential Fed rate hike after jobs report, top Wall-St brokers revise forecasts
Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA ...
U.S. added 256,000 jobs in December, unemployment down 0.1 percent
The U.S. added 256,000 jobs in December, the Bureau of Labor Statistics reported Friday. The number may give the Federal ...