December jobs report: Big 256,000 gain fans inflation fears and Fed rate-cut doubts
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest employment reports masks recent softness in the labor market. The increase in new jobs in December, for example, was centered on just four industries: Health care, government, retail and leisure and hospitality.
Stocks and bonds declined in response to much better-than-expected job growth. This week's consumer inflation (CPI) report ...
A red-hot jobs report means that interest rate cuts aren't coming, and cuts could be next. Here's what strategists say is ...
"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for ...
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
The U.S. economy boasted an impressive 256,000 nonfarm payrolls in December, a figure that shocked forecasters.
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
As President Joe Biden prepares to leave office, he's leaving behind an extraordinary success story on American job growth, ...
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