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.
Progress on bringing down inflation has stalled. Economic activity is robust. And now Friday’s employment report shows the labor market is solid. All of that leads economists at Bank of America to ...
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 ...