Fed rate cuts were so 2024. There are risks the next move could be a hike, Bank of America says.
After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an extended hold,
But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee ...
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an ...
The Fed's latest meeting minutes showed concern that inflation could remain sticky, partly because of Trump's trade policy.
The stock market fell sharply on Friday after a hotter-than-expected December jobs report had Wall Street wondering if the Federal Reserve is done cutting interest rates. The Dow Jones Industrial ...
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