Next CPI Inflation Report Could Reduce 2025 Fed Rate Cut Expectations
If year-on-year total and core CPI consumer inflation rates accelerate, financial markets risk turbulence as investors’ 2025 interest rate cut expectations fall further.
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
Why U.S. jobs reports suggests Fed may be ‘very comfortable staying put’ on rate cuts
The strength of the U.S. labor market seen in the latest jobs report suggests the country’s economy keeps thriving, which may keep the Federal Reserve on hold from cutting interest rates, according to Seema Shah,
Strong US Jobs Report Backs Case for Pause in Fed Rate Cuts
The latest snapshot of the US labor market affirmed what Federal Reserve officials have made clear in recent days: Interest-rate cuts are on hold for the foreseeable future.
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
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 ...
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 ...
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, ...
Shares slip in Asia, dollar firm as inflation, earnings loom
Asian shares slipped on Monday while the dollar held near 14-month peaks after an unambiguously strong payrolls report shoved ...
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 ...
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 ...
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 ...
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.
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.
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 ...
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 ...