New Jobs Soar, Rate Cuts Likely to be Slowed

New Jobs Soar, Rate Cuts Likely to be Slowed

by Carol Champagne | Jan 13, 2025 | Interest Rate Swaps & Caps

The Labor Department released the December employment report, showing 256,000 new jobs were created, far exceeding the expectation for 150,000 new jobs. The unemployment rate fell to 4.1 percent from 4.2 percent in November. A strong labor market signals that the...
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