Blowout job gains in May have slashed the odds of a Fed rate cut in 2026 to nearly 0%, according to the CME Fedwatch tool.
The market isn’t focused on jobs anymore; it's now focused on oil and inflation. That is a major shift ahead of March’s non-farm payroll report, which is expected to show improvement following ...
The U.S. jobs report for February could dictate if the central bank reduces interest rates soon, according to one influential Federal Reserve governor. But a rate cut doesn’t look likely based on the ...