Jobs News Stock Rally, Rate Cut Forecasts Face Test From Powell Testimony And Jobs Report

How Today’s ADP Jobs Report Makes a Fed Rate Cut More Likely

Job growth in the private sector slid last month, which will likely bolster support for another interest-rate cut at the Federal Reserve’s policy meeting next week. The U.S. shed 32,000 jobs from ... Read More

U.S. lost 32,000 private-sector jobs last month in surprise drop, ADP data shows

Private-sector employers in the U.S. cut 32,000 jobs in November, payroll firm ADP said Wednesday, a surprise drop that could firm up expectations of an interest rate cut next week. Forecasts had ... Read More

Private employers cut 32K jobs last month — hiking odds of interest rate cut as Commerce Secretary Howard Lutnick goes on defensive

Odds of an interest-rate cut at the Fed’s meeting next week jumped in the wake of disappointing November private payroll figures, with Commerce Secretary Howard Lutnick arguing President Trump’s ... Read More

BofA's Hartnett Warns Dovish Fed Rate Cut Imperils Stock Rally

The year-end rally in equities is at risk from a Federal Reserve outlook that’s too cautious on the economy, according to Bank of America Corp. strategists. With the S&P 500 Index within striking ... Read More

Is the economy losing jobs? The Fed’s rate cut hints at bigger worries.

Is the U.S. jobs market even worse than it looks? Most top officials at the Federal Reserve sure seem to think so. The Fed this week cut its key interest rate for the third meeting in a row, showing ... Read More

4 market takeaways from the big September jobs report

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow William Edwards Every time William publishes a story, you’ll get an alert straight to your ... Read More

'A close call': Global brokerages split on Fed's December rate cut view after jobs report

J.P. Morgan, StanChart scrap December rate cut forecast Citigroup, Wells Fargo, Deutsche Bank say their 25 bp rate cut view a 'close call' Nov 21 (Reuters) - Global brokerages are split over whether ... Read More