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Surprising Dec US payrolls jump supports longer Fed pause

Reuters
Summary
Nutrition label

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

Informative language

90

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39

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formal

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English

Language complexity

43

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not offensive

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Known propaganda techniques

not detected

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short-lived

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