Surprising December jobs growth is denting chances of a firsthalf Fed rate cut
Jan 10, 2025
Friday’s unexpectedly big increase in December nonfarm payrolls was leading to a reduced market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of calculating expectations — and one big bank sees the risks tilting toward a rate hike.
https://www.marketwatch.com/story/surprising-december-jobs-growth-is-denting-chances-of-a-first-half-fed-rate-cut-6646a32d?mod=mw_rss_topstories
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