Surprising Dec Payrolls Jump Supports Longer Fed Pause
(Reuters) - U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% from November's 4.2% as the labor market ended 2024 on a solid footing, reinforcing the Federal Reserve's cautious approach to interest rate cuts this year.
Federal Reserve Officials at December Meeting Expected Slower Pace of Rate Cuts Ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs
Rate-Cut Decision Was Narrow, Fed Minutes Show
But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee policymakers will lower rates again anytime soon. The minutes of the central bank’s Dec.
Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in the U.S. central bank's monetary policy recalibration, with rising inflation risks dictating a cautious approach ahead.
US Fed's December Rate Cut Should Be Its Last For Now: Official
The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday, adding that she saw December's rate cut as a final step for now.
Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines Again
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the FOMC’s September decision to lower the federal-funds rate by half a percentage point,
China's Dec exports likely gained momentum ahead of tariff uncertainty
China's exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ...
Mega Millions winning numbers for Dec. 27 lottery drawing: Jackpot balloons to $1.22 billion
“We know that many people will likely receive tickets to Friday’s drawing as holiday gifts, and what a gift that would turn ...
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Rams vs. Cardinals 2024 Prediction, Odds, Picks - Dec 28
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$1.22 billion winner! Mega Millions numbers for Friday, Dec. 27, ahead of New Year’s Eve
Mega Millions is closing out 2024 with a billion-dollar lottery jackpot! It is the 12th time in US history that the grand prize reached $1 billion.
VIEW Surprising Dec payrolls jump supports longer Fed pause
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% from November's 4.2% as the ...
Homes at or under $1 million in Ocean County, Dec. 30 to Jan. 5
Prospective homebuyers considering the real estate market had a range of options in various neighborhoods throughout the ...