BofA: Fed's cutting cycle is over. Hikes could follow.
At least one team of sell-side economists is calling an end to the Federal Reserve's interest-rate-cutting cycle following Friday's blockbuster jobs report. Perhaps even more notably, the team now ...
Stock market today: Dow, S&P 500, Nasdaq sell off amid jobs report surprise, fresh inflation worries
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid ...
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Surging job market could prove costly for households, businesses as odds of quick rate cuts fade
U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in ...
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US added a strong 256,000 jobs in December as unemployment rate dipped to 4.1%
WASHINGTON — U.S. hiring picked up unexpectedly in December as employers added a strong 256,000 jobs, another sign of the ...
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With This Kind of Data, The Fed Isn't Cutting Rates This Year
The non-farm payroll data was hotter than expected and compounded by other labor market indicators that say the FOMC won’t cut interest rates this year. The headline figure was more than double the ...
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2025 Mortgage Rate Forecast: Here's Why You Shouldn't Bet on Lower Rates This Year
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
Fed gets greenlight to, at least, slow rate cuts: Wall Street view
Bank of America thinks that the US rate-cutting cycle is over, though Oxford Economics is still holding to its base forecast ...
Stock Market Today: Stocks Slide, Bond Yields Jump After Strong Jobs Report
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 ...