Strong December Jobs Report Kills Chances Of A January Fed Rate …

4 days ago · Prior to the release of the December jobs report, the CME FedWatch Tool put the odds of a 0.25% Fed rate cut on January 29 at 6.9% as of 8:06 a.m. on January 10.

25%
OFF

Strong December Jobs Report Kills Chances Of A January Fed Rate …

2 weeks from now

4 days ago · Prior to the release of the December jobs report, the CME FedWatch Tool put the odds of a 0.25% Fed rate cut on January 29 at 6.9% as of 8:06 a.m. on January 10.

forbes.com

2%
OFF

Why The December Jobs Report Dashed Hopes For Another Fed …

2 weeks from now

4 days ago · The Fed held its interest rate at a two-decade high until this September, when inflation was on what looked like a clear downward trajectory toward the Fed's goal of a 2% …

investopedia.com

4%
OFF

Strong December Job Growth Could Augur Fewer Fed Interest-rate …

2 weeks from now

4 days ago · When Biden was inaugurated in January 2021, the jobless rate stood at 6.4%, while inflation was about to soar to 40-year highs, kicking off a flurry of interest rate hikes from the …

cbsnews.com

25%
OFF

The Fed Is Unlikely To Cut Interest Rates In January Due To

2 weeks from now

Dec 23, 2024 · The odds of a January 2025 Fed rate are now very slim. According to the CME FedWatch Tool, the chance of a Fed interest rate cut by 0.25% on January 29 was only 7.5% …

forbes.com

79%
OFF

Will The Fed Signal A January Pause In Rate Cuts? | Morningstar

2 weeks from now

Dec 13, 2024 · As of midday Friday, bond futures traders saw a 79% chance that the central bank would leave rates unchanged in January after a 0.25% cut in December. A month earlier, that …

morningstar.com

2%
OFF

Strong Jobs Report Follows Solid Earnings Reports - Forbes

2 weeks from now

Dec 6, 2024 · Strong December Jobs Report Kills Chances Of A January Fed Rate Cut ... unemployment rate of 4.2%. Leisure and hospitality jobs saw the biggest gains while a return …

forbes.com

2%
OFF

December Jobs Report: Growth Above Forecast, Unemployment …

2 weeks from now

4 days ago · The US economy added 256,000 jobs in December, more than the forecast of 164,000. Unemployment was expected to hold steady at 4.2% but fell to 4.1%. Economists …

businessinsider.com

91%
OFF

December Rate-Cut Odds Spike Higher After Strong Jobs Report

2 weeks from now

Odds of a December interest-rate cut jumped in the wake of Friday’s stronger-than-expected jobs report. Traders are pricing in a 91% chance that the Federal Reserve opts for a quarter-point …

barrons.com

FAQs about Strong December Jobs Report Kills Chances Of A January Fed Rate … Coupon?

Will December jobs report lead to a January rate cut?

Before the jobs report was released, the odds were already low for an interest rate cut in the next Federal Reserve decision on January 29. However, the strong December jobs report is the nail in the coffin for January rate cut expectations. ...

Will the Fed cut a 0.25% rate on January 29?

However, the Fed may have done enough for the moment. Prior to the release of the December jobs report, the CME FedWatch Tool put the odds of a 0.25% Fed rate cut on January 29 at 6.9% as of 8:06 a.m. on January 10. After the jobs report was released, the odds of a 0.25% Fed rate cut on January 29 fell to just 2.7% as of 9:36 a.m. ET on January 10. ...

When will the next FED rate cut happen?

With solid labor market data and near-term risks of an acceleration in year-on-year consumer inflation rates, the next Fed rate cut may not happen until May 2025. The Employment Situation report, known to economists and analysts as the jobs report, was solid for December 2024. ...

What are the odds of a FED rate cut on January 29?

After the jobs report was released, the odds of a 0.25% Fed rate cut on January 29 fell to just 2.7% as of 9:36 a.m. ET on January 10. While a 2.7% probability is not precisely zero, most economists assess that a statistical probability below 5% is essentially zero. ...

What did the December jobs report reveal?

Photo by Kevin Dietsch/Getty Images. The December jobs report revealed a drop in the unemployment rate to 4.1%, accompanied by a rise and acceleration in monthly net non-farm payroll gains of 256,000. Before the jobs report was released, the odds were already low for an interest rate cut in the next Federal Reserve decision on January 29. ...

How many cuts will the Fed make in December?

From now through December, traders see the Fed making one or two more cuts, though the chances of an extended hold have risen, with a 26% chance of no cuts, up from 13% on Thursday. More... ...