The Dow plunges 500 points as a strong jobs report and inflation fears crush rate cut hopes
The Dow fell over 500 points on Friday morning after new job reports surpassed expectations, and the Federal Reserve ...
December jobs report: Strong 256,000 increase raises fresh inflation worries
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
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2025 Mortgage Rate Forecast: Here's Why You Shouldn't Bet on Lower Rates This Year
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
Stock market today: Dow, S&P 500, Nasdaq sell off amid jobs report surprise, fresh inflation worries
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid ...
Fed gets greenlight to, at least, slow rate cuts: Wall Street view
Bank of America thinks that the US rate-cutting cycle is over, though Oxford Economics is still holding to its base forecast ...
Fed rate cuts were so 2024. There are risks the next move could be a hike, Bank of America says.
After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an ...
Stock Market Today: Stocks Slide, Bond Yields Jump After Strong Jobs Report
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 ...
Fed Rate Cuts Are Over, BofA Says. Why Hikes Could Be Back on the Table.
Progress on bringing down inflation has stalled. Economic activity is robust. And now Friday’s employment report shows the labor market is solid. All of that leads economists at Bank of America to ...