A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
The Labor Department estimates the economy added 256,000 jobs in December, indicating a resilient economy and labor market.
U.S. stock index futures slipped on Friday ahead of a crucial labor market report, at a time when concerns around inflation ...
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...
Equities fell Friday as traders prepared for the release of US jobs data that could play a key role in the Federal Reserve's ...
Hiring growth slowed last month, coming as CFOs crafting their 2025 business strategies continue to pay close attention to the labor market.
Fed governor Michelle Bowman said she supported a December rate cut cut as the 'last step' in the central bank's 'policy recalibration' phase, becoming the latest Fed official to urge caution about ...
China's currency has had a rough start to 2025. It is nearing a 16-month low, and many economists predict it has further to fall. The central bank cut its benchmark rate by 25 basis points to 10% in ...
Several Federal Reserve officials confirmed Thursday the US central bank will likely hold interest rates at current levels for an extended period, only cutting again when inflation meaningfully cools.
At least four Federal Reserve officials are speaking Thursday, including Federal Reserve Bank of Boston President Susan ...
Despite the progress that has been made, there are "upside risks to inflation," Bowman added. The Fed's preferred inflation ...