13th January 2025

  • Strong US Job Report Backs Case for Pause in Fed Rate Cuts

Hiring unexpectedly picked up to 256,000, most in nine months

Unemployment rate in December fell to 4.1%, wage growth slowed

https://blinks.bloomberg.com/news/stories/SPVLS8T0AFB4

  • Wall Street Economists Pare Back Fed Rate-Cut Views After Data

BofA no longer expects additional easing by central bank

Citi pushes next rate-cut forecast to May from January

https://blinks.bloomberg.com/news/stories/SPVSIZDWX2PS

  • US Consumer Inflation Expectations Jump to Highest Since 2008

Long-term inflation views rose to 3.3% in Michigan survey

Preliminary January consumer sentiment index eased to 73.2

https://blinks.bloomberg.com/news/stories/SPVO9NF2QVIK

  • US Inflation to Back Fed Pause After Robust Jobs Data: Eco Week

Progress toward tamer price pressures has essentially stalled

Inflation will keep UK in market focus; China, German GDP due

https://blinks.bloomberg.com/news/stories/SPYU2MT0G1KW

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