U.S. Job Growth Surges
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wage inflationReuters
•Business
Business & Economics
Surprising Dec US payrolls jump supports longer Fed pause

74% Informative
Nonfarm payrolls increased by 256,000 jobs last month after rising by a downwardly revised 212,000 in November .
Economists polled by Reuters had forecast payrolls advancing by 160,000 .
Yield on benchmark U.S. 10-year notes jumped to 4.78% , the two-year note yield jumped to4.362% and the dollar index turned 0.45% higher.
The Fed ’s not going to lower rates any time soon and the pause is likely to continue well into the second quarter .
“If the labor market continues this way and Trump enacts his tariff policies, we’ve probably seen the end of the easing cycle.”.
VR Score
85
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90
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39
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English
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