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Jobs report stokes more bets on Dec. Fed interest rate cut
Jobs report shows hiring surge as Fed weighs interest rate cut
U.S. hiring surged in November, bouncing back from a dismal performance in the previous month and returning to strong growth. Employers added 227,000 workers last month, exceeding economist expectations of 214,
S&P 500, Nasdaq gain after jobs data boosts December rate-cut bets
The S&P 500 and the Nasdaq hit intraday record highs on Friday as traders increased bets on a Federal Reserve rate cut this month following robust November nonfarm payrolls data, while a drop in UnitedHealth shares weighed on the Dow.
The U.S. added 227,000 jobs in November, setting in motion potential Fed rate cuts in December
The job market remains stable but isn’t growing substantially. This may lead to more interest rate cuts when the Fed meets in December.
Business Insider on MSN
3h
The Fed shouldn't cut rates as inflation is rising, markets are too frothy, JPMorgan Asset Management bond expert says
The
Federal Reserve
may not have as much room to
cut
interest
rates
as it thinks, and central bankers would be better ...
USA Today
10h
Fed minutes may show start of debate over how far to go on rate cuts
His comments contributed to what has been a steady slip in market expectations for a
rate
cut
next month, with a ...
3h
Fed Official Says the Time for a Pause in Rate Cuts Seems Near
For many investors, Friday's jobs report confirmed expectations that the Federal Reserve is on track to cut interest rates ...
7h
Fed's Bowman, worried by inflation, calls for caution on rate cuts
Federal Reserve Governor Michelle Bowman said on Friday that inflation risks to the economy remain real and labor market data ...
6h
Hammack Says Fed ‘At or Near’ Point of Slowing Rate Cuts
Federal Reserve Bank of Cleveland President Beth Hammack said policymakers are “at or near” the point where the central bank ...
1d
on MSN
Fed's Powell says Trump's plans for tariffs, immigration won't impact interest rate move
Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.
6h
Fed's Hammack says time to slow rate cuts may have arrived
In her first major policy speech, Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she’s keeping her ...
1d
on MSN
Gold may hit new record next year as Fed reduces rates, Macquarie says
Gold futures fell Thursday as U.S. Treasury yields firmed after the release of weekly jobless claims data, while markets ...
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