Solid January Jobs Data Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed interest rate cut in March is now very unlikely.
Traders now see just one Fed rate cut this year
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this year, backing away from earlier bets on two rate cuts starting in June, after government data showed the labor market remains strong and a closely-watched survey showed a jump in consumers' inflation expectations.
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Solid January Jobs Report Plays Into the Fed’s Pause
After a solid January jobs report, more traders are betting that the Fed’s rate-cut pause might not be so brief.
US job growth slows in January; unemployment rate at 4.0%
U.S. job growth slowed more than expected in January after robust gains in the prior two months, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates at least until June.
January Jobs Report Keeps Rates on Pause: What the Experts Are Saying
Jobs growth slowed in January but a downtick in the unemployment rate, an uptick in wage growth and revisions to prior hiring figures should keep the Federal Reserve on hold when it comes to interest rates,
Fed Monetary Policy Report flags solid economy, elevated markets
The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, was upbeat about the state of the ...
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Federal Reserve Watch: Uncertain Uncertainty
The Federal Reserve is managing its securities portfolio and commercial banks' liquidity through reverse repurchase ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
"We're fed up": Puebloans protest Trump, Musk during Friday demonstration
Puebloans marched Friday to protest what they feel are moves to strip civil liberties, attack minorities and access sensitive ...
Wall St falls on expectations of Fed caution after jobs data
Wall Street's main indexes fell on Friday after the latest jobs data raised the prospects of a more cautious Federal Reserve, ...
Report 'supports the Fed’s pause,' economist says
Count CIBC's Ali Jaffery among the economists who see the Federal Reserve holding off on moving interest rates in the wake of ...
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Chicago Fed president on what the new jobs report says about the economy
The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also ...
Minneapolis Fed's Kashkari expects lower interest rates later this year
Minneapolis Federal Reserve President Neel Kashkari said Friday he expects to see interest rates lower this year if the ...