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.
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the US central bank comes into the new year facing a resilient economy and inflation ...
China's Central Bank Suspends Bond Buying as Yields, Yuan Fall By Vicky Ge Huang The People's Bank of China has suspends government bond purchases,as long-term yields hit fresh lows and the yuan falls ...
All eyes are on the Labor Department's non-farm payrolls report, due at 8:30 a.m. ET, after a set of jobs data earlier in the ...
Global stocks were under pressure on Friday ahead of a U.S. jobs report later on that could exacerbate or ease the sell-off in the global bond market, while the pound headed for a fourth daily drop, ...
The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases an updated ...
The highlight of the day will be the latest set of US nonfarm payrolls at 1330 GMT. According to FXStreet cited consensus, the pace of US hiring is expected to have eased to 160,000 jobs in December, ...
Equities fell Friday as traders prepared for the release of US jobs data that could play a key role in the Federal Reserve's ...
United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its ...
Fed governor Michelle Bowman said she supported a December rate cut cut as the 'last step' in the central bank's 'policy recalibration' phase, becoming the latest Fed official to urge caution about ...
Two top Federal Reserve officials on Thursday questioned the need for many more interest rate cuts. Fed Governor Michelle ...