Fed’s Path to More Rate Cuts Challenged by Jobs Surprise

January Jobs Rise Amid Negative Annual Revisions And Manufacturing Losses

Payrolls popped by a strong 130,000 last month, a welcome boost that came in at about twice what was expected and a stark contrast to new, historical revisions in today’s report that significantly reduced last year’s gains. The jobless rate ticked down to 4.3 percent, as more workers entered a workforce that was more welcoming in January than it was last year.Speaking of last year, there’s a different side to this report showing that the America…

Fed’s Path to More Rate Cuts Challenged by Jobs Surprise

Stronger-Than-Expected Jobs Report Fuels Trump Push For Rate Cuts - Real News Now

The U.S. economy added 130,000 jobs in January, far surpassing expectations and giving President Donald Trump a powerful new talking point in his push for lower interest rates. The Bureau of Labor Statistics released the data Wednesday after a one-week delay caused by the recent partial government shutdown. Economists had predicted a gain of only 55,000 jobs for the month. Instead, hiring came in more than double that, while the unemployment rat…

Trump says US should be paying 'lowest interest rate' in world after better than expected employment report

'GREAT JOBS NUMBERS, FAR GREATER THAN EXPECTED! The United States of America should be paying MUCH LESS on its Borrowings (BONDS!)' says president - Anadolu Ajansı

Stronger-Than-Expected Jobs Report Fuels Trump Push For Rate Cuts

The United States labor market added more jobs than expected in January, according to a report from the Bureau of Labor Statistics released on Wednesday. Nonfarm payrolls rose a seasonally adjusted 130,000 for the month, smashing the Dow Jones estimate of 55,000. The unemployment rate fell to 4.3%, down a tenth of a percentage point from December. Stock futures and Treasury yields were both up following the release. President Donald Trump praised

Employer News:Better‑than‑expected US jobs data clouds path of interest‑rate cuts

Non‑farm payrolls report comes in better than expected. Consensus forecasts for January were 70,000, while there were 130,000 new hires. This clouds the path of interest‑rate cuts this year. Susannah Streeter, Chief Investment Strategist, Wealth Club. ‘’Even though confidence is seeping out of the US economy, employers are taking a glass‑half‑full approach and have taken on more […] The post Better‑than‑expected US jobs data clouds path of inter…