SPY News: The US labor market isn't putting pressure on the Fed's plans to cut interest rates in 2025 - 8th Feb 2025, 6:13am

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The US labor market isn't showing signs of weakness that would prompt another interest rate cut from the Federal Reserve in the near term.

The January jobs report released on Friday showed continued signs of resilience in the labor market as the unemployment rate unexpectedly fell, wages grew more than expected, and December's monthly job gains were revised higher to show the US labor market exited 2024 on an even better footing than previously reported.

Read more: How does the labor market af...

>>> Read more: The US labor market isn't putting pressure on the Fed's plans to cut interest rates in 2025
 
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