
The Impact of Strong Job Gains on U.S. Inflation and the Federal Reserve's Plans
Recent economic data reveals that the U.S. job market remains robust, with significant job gains reported in December 2024. This surge in hiring may pivot the Federal Reserve's stance on interest rates as inflation pressures show signs of persistence. The employment report indicates a resilient economy, contributing to speculations about the Fed's next moves regarding monetary policy.
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Federal Reserve's Collins Signals Slower Rate Cuts in 2025 Amid Economic Uncertainties
The President of the Federal Reserve Bank of Boston, Susan Collins, has recently expressed her views on the anticipated pace of interest rate cuts, projecting a more gradual approach as economic uncertainties loom. Speaking in a recent interview, Collins noted that while inflation pressures seem to be easing, the overall economic landscape remains unpredictable, which affects the Fed's decision-making process regarding interest rates.
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