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Surprising Dec US Payrolls Jump Supports Longer Fed Pause
(Reuters) - U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% from November's 4.2% as the labor market ended 2024 on a solid footing, reinforcing the Federal Reserve's cautious approach to interest rate cuts this year.
Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines Again
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the FOMC’s September decision to lower the federal-funds rate by half a percentage point,
Fed's Bowman Prefers Cautious, Gradual Approach to Rates
Federal Reserve Governor Michelle Bowman says she is concerned that the current stance of monetary policy "may not be as restrictive as others may see it." She speaks at a California Bankers Association event.
Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in the U.S. central bank's monetary policy recalibration, with rising inflation risks dictating a cautious approach ahead.
13d
on MSN
Mega Millions winning numbers for Dec. 27 lottery drawing: Jackpot balloons to $1.22 billion
“We know that many people will likely receive tickets to Friday’s drawing as holiday gifts, and what a gift that would turn ...
CNET on MSN
11d
Today's Wordle Hints, Answer and Help for Dec. 30, #1290
Here's today's Wordle answer, plus a look at spoiler-free hints and past solutions. These clues will help you solve The New ...
11d
on MSN
5 things to know for Dec. 30: Jimmy Carter, worker visa feud, South Korea plane crash, severe weather, gas prices
It’s been a historic year with a set of news events that triggered feelings of despair, but also hope and resilience. Take a moment to view CNN’s Year in Pictures for a look at some of the most ...
10d
Alabama vs. Michigan prediction, odds, line: 2024 ReliaQuest Bowl picks, Dec. 31 best bets from proven model
SportsLine's model just revealed its college football picks for the Michigan Wolverines vs. Alabama Crimson Tide in the ...
CNET on MSN
11d
Today's NYT Connections Hints, Answers and Help for Dec. 30, #568
Here's today's Connections answer and hints for groups. These clues will help you solve New York Times' popular puzzle game, ...
13d
$1.22 billion winner! Mega Millions numbers for Friday, Dec. 27, ahead of New Year’s Eve
Mega Millions is closing out 2024 with a billion-dollar lottery jackpot! It is the 12th time in US history that the grand prize reached $1 billion.
13d
Rams vs. Cardinals 2024 Prediction, Odds, Picks - Dec 28
Preview the Week 17 matchup between the Los Angeles Rams and Arizona Cardinals with predictions, odds, over/under, spread, ...
19h
on MSN
China's Dec exports likely gained momentum ahead of tariff uncertainty
China's exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ...
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