Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
Stocks have been struggling to find a footing as longer bond yields rise, nearing levels last seen consistently in late 2023 ...
Mortgage refi rates again added points, pushing the average almost to its highest level since July. Rate movement was mixed across other refi loan types.
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
Philadelphia Fed Patrick Harker says he still sees the Federal Open Market Committee on a downward policy rate path. But the ...