Hotter-than-expected labor market decreases likelihood of Fed interest rate cuts
axios.com/2025/01/10/jobs-report-fed-rates-inflation
Rumors of a job market downturn were, it appears, greatly exaggerated.
Why it matters: A robust December employment report suggests the labor market is heating up — or at least not meaningfully cooling — as 2025 begins.
Catch up quick: The jobless rate fell, employers added to their…
This story appeared on axios.com, 2025-01-10 16:58:00.