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,
Stock market today: Indexes rise as rate-cut odds edge up after jobs report
US employers added more jobs than expected in November, bouncing back after October's dismal reading. Stocks rose and yields slumped Friday morning.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to fixed income markets.
'Somewhat strong' report sets up Fed to cut, El-Erian says
Prominent economist Mohamed El-Erian has described today's jobs release as "a somewhat strong report, but not consistently strong," adding that it should pave the way for an interest-rate cut by the Federal Reserve later this month.
The Fed Cut Interest Rates. Here's Why This Excellent High-Dividend Stock Is a Buy.
A falling-interest-rate environment is generally a positive catalyst for the stock market. Having said that, there are some areas of the stock market that tend to benefit from falling rates more than others.
Fed Likely To Cut Rates Again This Month As 2025 View Grows More Cloudy
The US Federal Reserve appears likely to lower benchmark interest rates again later this month, after cutting interest rates at its previous two meetings. CLick to read.
Fed's Musalem Expects More Rate Cuts but Says Easing Path Is Less Clear
Financial markets expect the Fed to cut its policy rate by a quarter of a percentage point from the current 4.50%-4.75% range at its Dec. 17-18 meeting, as it seeks to adjust the stance of policy to easing inflation and a better-balanced labor market.
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s consumer-price index for the same month.
What Today's Jobs Report Means for Mortgage Rates and the Fed
Why can't a "strong" labor market also mean affordable mortgage rates? On Friday, the Bureau of Labor Statistics released what was generally considered a positive jobs report for November. Though unemployment inched up slightly from 4.
Job growth bounced back in November before the Fed's last interest-rate decision of the year
The jobs report gives the Federal Reserve new information about the US economy before the last interest-rate decision of the year.
After jobs report, Fed-funds futures show increased chance of Fed rate cut this month
Traders in the federal-funds-futures market were pricing in a higher probability that the Federal Reserve will cut its benchmark rate this month, as they weighed fresh U.S. jobs data on Friday. Fed-fu
Gold may hit new record next year as Fed reduces rates, Macquarie says
Gold futures fell as US Treasury yields firmed post-jobless claims data. Analysts at Macquarie think gold may struggle in Q1 ...
Traders Step Up Bets on December Rate Cut After Jobs Data
Friday’s jobs data showing an uptick in the unemployment rate has caused traders to ramp up bets that the Federal Reserve ...
Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms
In short, the Fed is seeing the best of both worlds: an economy growing steadily with inflation headed toward its target, ...
Traders Maintain Rate-Cut Bets Despite Powell’s Hawkish Tone
Federal Reserve Chair Jerome Powell might not be in a rush to cut interest rates but traders aren’t taking that as much of a ...
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.
South African rand firms as markets look to Fed rate cut
South Africa's rand strengthened on Thursday on expectations of an interest rate cut by the U.S. Federal Reserve later this ...
Stock market today: Wall Street nears records as jobs data keeps hope alive for a coming rate cut
U.S. stocks are nearing their records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P ...
Powell Addresses Shadow Chair Proposal, Reiterates the Fed Isn’t in a Rush to Cut Rates
Speaking at a summit Wednesday afternoon, Powell also reiterated recent remarks that the Fed is in no rush to further lower ...