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A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
Wall Street economists saw February's jobs report as a sign the labor market is cooling a bit, but remains far stronger than the Federal Reserve needs to bring inflation down to 2%.
Due to the stronger-than-expected jobs report, Bank of America economists revised the Fed outlook for this year: “We no longer expect any additional rate cuts,” economists wrote in a report on ...
The 256,000 jobs added last month were the most since March and far exceeded analysts' expectations. The nation's jobless rate edged down to 4.1% from 4.2% in November. The nation's jobless rate ...
Economists surveyed by Bloomberg forecasted payroll growth of 125,000, and the highest prediction was 250,000 jobs added. ... “Today’s report suggests that while Omicron had a clear impact on ...
A Labor Department report showed job openings stood at 8.098 million in November, compared with 7.7 million economists polled by Reuters were expecting. At 10:16 a.m. ET, the Dow Jones Industrial ...
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