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Jobs Report: Slower Hiring, Cool Wage Growth Lift Fed Rate-Cut Odds; S&P 500 Jumps
Investor's Business Daily· 12 minutes agoOutside of that, growth was muted. The leisure and hospitality sector added 5,000 jobs,...
Rate-Cut Odds Rise After April Jobs Data
Barrons.com· 1 hour agoFed-funds futures now see a better chance of a rate cut by September following Friday’s cooler-than-expected jobs report. Traders now see a 74.1% chance...
Jobs report shows marked April slowdown, prompting Fed rate-cut bets
TheStreet via Yahoo Finance· 1 hour agoThe U.S. added an average of 276,000 new jobs each month in the first quarter, while unemployment is...
No Fed Rate Cut Means Higher Mortgage Rates: Mortgage Rates for May 2, 2024
CNET· 1 day agoThe average interest rate for a standard 30-year fixed mortgage is 7.37% today, an increase of 0.08%...
Kevin O’Leary says Americans should ‘get used to the idea’ that the Fed won’t offer reprieve to...
Moneywise via Yahoo Finance· 4 hours ago“Anybody that thinks they’re going to cut this year will be mistaken.” Read more: Jeff Bezos and...
Fed’s Bowman says she’s still willing to raise rates
Market Watch· 32 minutes agoInflation looks like it will remain elevated for some time and a possible interest rate hike remains on the table, Fed Governor Michelle Bowman said...
Investors bet weaker U.S. payrolls spur more Fed rate cuts
MSN News· 1 hour agoBy Huw Jones LONDON (Reuters) -Global shares rose on Friday as investors bet that news of...
Stocks Rally as Bond Traders Reload Fed-Cut Wagers: Markets Wrap
Bloomberg via Yahoo Finance· 45 minutes ago(Bloomberg) -- Wall Street took a slowdown in the US jobs market as an indication that the Federal...
The Fed likely won't cut rates until after a recession strikes, research firm says
Business Insider via Yahoo Finance· 12 hours agoBy waiting to loosen monetary policy, Fed chairman Jerome Powell is falling into the trap of being...
Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
CNBC· 9 hours agoThe prospect of the European Central Bank diverging from the Federal Reserve on interest rate cuts...