2025 was expected to be the year the Fed fully committed to a rate cut cycle, but the surprising strength emanating from US labor markets may mean further cuts are on hold for the foreseeable future. With nonfarm payrolls increasing by a staggering 256,000 in December, the most since March, how much of a wildcard will labor market strength prove to be for Fed policy? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
Author: Bloomberg Television
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News post in January 11, 2025, 12:06 am.
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