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.
The Entire Business World on a Single Page. Free to Use →