The Dow plunges 500 points as a strong jobs report and inflation fears crush rate cut hopes
The Dow fell over 500 points on Friday morning after new job reports surpassed expectations, and the Federal Reserve ...
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 ...
Stock market today: Dow, S&P 500, Nasdaq sell off amid jobs report surprise, fresh inflation worries
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid ...
Hot jobs report cements a Fed rate hold this month — and possibly the foreseeable future
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
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 ...
BofA: Fed's cutting cycle is over. Hikes could follow.
At least one team of sell-side economists is calling an end to the Federal Reserve's interest-rate-cutting cycle following Friday's blockbuster jobs report. Perhaps even more notably, the team now ...
Stock Market Today: Stocks Slide, Bond Yields Jump After Strong Jobs Report
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 ...
Fed Rate Cuts Are Over, BofA Says. Why Hikes Could Be Back on the Table.
Progress on bringing down inflation has stalled. Economic activity is robust. And now Friday’s employment report shows the labor market is solid. All of that leads economists at Bank of America to ...