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US Jobs Report Anticipated Amid Fed Rate Cut Speculation

1/8/2025

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Story summary
  • December's US employment report is expected to show Non-Farm Payrolls at 154k and unemployment steady at 4.2%.
  • Major US stock indexes are stable as investors await the Fed's December meeting minutes and employment data.
  • Fed officials suggest potential rate cuts, with markets anticipating a possible cut in May.
  • A dovish tone in the Fed's minutes could boost stock markets, while a hawkish stance may hinder them.