Wall Street Economists Pare Back Fed Rate-Cut Views After Data
Economists at Bank of America Corp., Citigroup Inc. and Goldman Sachs Group Inc. pared back their forecasts for additional Federal Reserve interest-rate cuts in response to stronger-than-expected December US employment data released Friday.
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 believe it’s time to end the discussions about further interest-rate cuts by the Federal Reserve.
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 extended hold,
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
U.S. Stocks Close Sharply Lower As Strong Jobs Data Raises Interest Rate Concerns
U.S. stocks tumbled on Friday due to heavy selling across the board as buoyant non-farm payroll data raised concerns that the Federal
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of calculating expectations — and one big bank sees the risks tilting toward a rate hike.
US dollar firms as strong jobs data supports Fed easing pause
The U.S. dollar rallied on Friday after data showed the world's largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve will pause its rate-cutting cycle at its policy meeting later this month.
Rate Cuts Recede as a Strong Jobs Report Bolsters Fed Uncertainties
Minutes suggest that Fed policymakers were already returning to the data-dependent mindset in the face of the incoming Trump administration. Now investors can only wait and hope.
Why the December Jobs Report Dashed Hopes for Another Fed Rate Cut
Key Takeaways The odds of the Federal Reserve cutting its benchmark interest rate this year fell after a jobs report Friday showed hiring in December blew past expectations.Strong job growth means less pressure on the Fed to cut interest rates to save the economy and prevent layoffs.
Fed rate cuts are already over after they barely started as blowout jobs report shifts focus to hikes, BofA says
"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for ...
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption ...
BofA bets on a potential Fed rate hike after jobs report, top Wall-St brokers revise forecasts
Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA ...
The Federal Reserve May Do the Unthinkable, and It Could Drag the Stock Market Down in 2025
To summarize, the Federal Reserve has already lowered by 50% the number of anticipated interest rate cuts in 2025. It was ...
BofA: Fed's cutting cycle is over. Hikes could follow.
At least one team of sell-side economists is calling an end to the Federal Reserve's interest-rate-cutting cycle following Friday's blockbuster jobs report. Perhaps even more notably, the team now ...
Seeking Alpha19d
The Fed May Have To Raise Interest Rates In 2025
one can't rule out the possibility of the Fed raising in 2025 because the case for the cutting cycle appears to be over, and the case for rate hikes may only be starting. At least, that is ...
Yahoo Finance20d
A Fed rate hike is 'very realistic' in 2025: Portfolio mgr.
Some market participants are growing concerned that the Fed might resume rate hikes in the coming year ... arguing that the current cutting cycle was "too aggressive easing" given the ...
The Globe and Mail24d
Fed’s hawkish cut fires up rate hike debate
The end of the Federal Reserve’s interest rate-cutting cycle is suddenly in sight, and a complete U-turn with rate hikes next year can no longer be ruled out. The Fed lowered the fed ...