December jobs report: Strong 256,000 increase raises fresh inflation worries
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest employment reports masks recent softness in the labor market. The increase in new jobs in December, for example, was centered on just four industries: Health care, government, retail and leisure and hospitality.
Strong December Jobs Report Kills Chances Of A January Fed Rate Cut
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal Reserve decision on January 29.
Job growth skyrocketed in December, boosting one of the strongest labor markets in US history
The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December.
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished 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.
Strong December job growth points to fewer Fed interest-rate cuts
Employers added 256,000 jobs in December, blowing past economists' expectations and signaling that the job market remains resilient in the face of still-high borrowing rates and stickier-than-expected inflation.
US dollar bounces back as strong jobs data backs Fed rate-cut pause
The U.S. dollar rallied across the board on Friday after data showed the world's largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve will pause its rate-cutting cycle at its policy meeting later this month.
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. The blowout number from the US Bureau of Labor Statistics — a massive jump from the month before as hiring rebounded from strikes and major hurricanes — pushed back traders’ bets for the central bank to cut rates to October versus a previous consensus in June or July,
India consumer inflation likely eased in December: Reuters poll
Consumer price inflation in India likely fell to 5.3% in December on moderating food price rises, a Reuters poll of ...
Jobs report today: U.S. added booming 256,000 jobs in December, unemployment at 4.1%
Employers added 256,000 jobs in December despite uncertainty over President-elect Donald Trump's policies. Unemployment ...
Norway Core Inflation Slows More Than Expected in December
Norway’s underlying inflation eased more than expected at the end of the year, in evidence that the aggressive stance of its ...
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.
Mexico's annual inflation eases in December, supporting further rate cuts
Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting ...
What BofA says it would take for the Fed's next rate move to be a hike
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December ...
Mexico's annual inflation eases in December
Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting ...