US adds 256K jobs in December, dimming rate cut hopes
US employers added a surprisingly strong 256,000 jobs in December, dimming hopes that the Federal Reserve will cut interest rates ...
Tag: federal reserve
Dow hits worst streak in more than 40 years as Fed eyes slower rate cuts in 2025 with incoming Trump admin
The Dow Jones Industrial Average slid to its worst losing streak in more than four decades as investor hopes that ...
Inflation remains stubborn as wholesale prices accelerate
Wholesale prices in the US rose last month, remaining low but suggesting that the American economy has yet to completely ...
Job openings plunge to lowest level since 2021 as US market slows
US job openings tumbled last month to their lowest level since January 2021, a sign that the labor market is ...
Fed might have cut rates at July meeting: Fed Chair Powell
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it ...
Retail sales rise 0.1%, less than expected, lifting odds for big rate cut
US retail sales rose just 0.1% last month — a weaker-than-expected result that likely raises the odds for a large ...
Federal Reserve Chair Jerome Powell says ‘the time has come’ to cut interest rates
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest ...
Bear market coming in 2025 over economic slowdown, AI bubble: David Roche
Investor and strategist David Roche expects the economy to enter a bear market in 2025, he said on Monday. The ...
Elon Musk says Fed ‘foolish’ for not cutting interest rates yet
Billionaire Elon Musk said Sunday the Federal Reserve was “foolish” to not have cut interest rates sooner in the wake of ...
‘more good data’ would boost case for rate cuts
Inflation “remains above” the Federal Reserve’s 2% target, but has been improving in recent months and “more good data would ...
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