October Jobs Report May Clear the Way for the Fed to End Rate Hikes
Hiring growth slowed last month, but it remains healthy.
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Hiring growth slowed last month, but it remains healthy.
MARKET WRAPS Watch For: Federal Open Market Committee meeting; Earnings from Pfizer, Ford Motor, Starbucks, Uber Today's Top Headlines/Must Reads: - How Washington Got On Board With a Big-Bank Deal for First Republic - Tight Supply ... | 06:19am
For this Weekly View: Inflation expectations have risen sharply over the last month, causing government bond yields to spike.
Amid abating interest rate hike fears and inflation concerns, equities were up in January as the Nasdaq gained 10.7%, marking its best January since 2001.
U.S. stocks sold off violently on Tuesday after stronger-than-expected U.S. inflation data sent Treasury yields higher on bets that the Fed will have no choice but to keep raising rates forcefully.