Solid January Jobs Data Will Likely Keep The Fed On Hold In March 2025
7 Articles
7 Articles
January employment report supports steady Fed policy
A new January employment report has provided encouraging news for the US labor market. The report shows a modest increase of 143K in nonfarm payrolls, although adverse weather may have affected the monthly numbers. More importantly, upward revisions to previous payrolls point to a sharper trend in employment growth. These findings have led analysts to adjust their expectations for Fed policy in the coming year. Improved employment data The revis…
January Shows More Job Gains; Rate Cuts Likely ‘On Hold’
Total nonfarm payrolls increased by 143,000 in January, while the unemployment rate ticked down slightly to 4%, the U.S. Bureau of Labor Statistics reported on February 7. Job gains were in the healthcare, retail trade and social assistance sectors, while job losses were seen in the mining, quarrying and oil and gas extraction industries. While… The post January Shows More Job Gains; Rate Cuts Likely ‘On Hold’ appeared first on RISMedia.
Wall St falls on expectations of Fed caution after jobs data – Global Rubber Market News
Wall Street’s main indexes fell on Friday after the latest jobs data raised the prospects of a more cautious Federal Reserve, while a survey showed unexpected weakness in U.S. consumer sentiment. A Labor Department report showed the U.S. economy added 143,000 jobs in January, compared with a rise of 170,000 expected by economists. The unemployment […] Source
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