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U.S. job openings fell to nearly a three-year low in November as the labor market gradually cools, which could pave the way for the Federal Reserve to start cutting interest rates this year. ... -January 03, 2024 at 12:04 pm EST - MarketScreener
Financial experts spark discussions on potential pace/scale of future Fed rate cuts. Views range from positive inflation moderation to cautious rate cut approach & keeping options open.
Investors still have high expectations for Fed rate cuts this year, despite slightly hawkish meeting minutes published on Wednesday.
The number of available jobs in the U.S. continued to fall in November to 8.79 million, a sign the labor market is cooling amid higher interest rates.
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The Census Bureau reported a 0.4% growth in construction spending in November, the 11th straight month of increases in the indicator, driven higher by a 2.9% increase in single-family home construction.