Stronger-than-expected data on the labor market has intensified concerns that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.
After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an ...
“They’ve been able to lower inflation from very high levels, and to be able to bring it down without having a recession is a stunning achievement.” Bullard, who was a leading advocate for the rapid ...
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