A blowout August jobs report — 162,000 new positions versus expectations of just 53,000 — has Citigroup pushing its Fed rate-cut forecast back by months. With the labor market looking sturdy, the Fed's focus shifts to inflation, and traders are now pricing in a better-than-even chance of a rate hike as soon as this month.

A blowout August jobs report — 162,000 new positions versus expectations of just 53,000 — has Citigroup pushing its Fed rate-cut forecast back by months. With the labor market looking sturdy, the Fed's focus shifts to inflation, and traders are now pricing in a better-than-even chance of a rate hike as soon as this month.

With the Federal Reserve signaling a potential pivot toward rate cuts in 2025, both Wall Street and the crypto market are bracing

Fresh U.S. labor market data has intensified expectations that the Federal Reserve may soon move toward rate cuts after the economy shed around 92,000

The Federal Reserve could now find itself under more pressure to cut interest rates.

Underlying inflation in December was not as high as feared, although economists said the data was artificially depressed by the record-long government shutdown late last year. Precious metals have made a strong start to 2026, after blistering rallies last year, with the prospect of a criminal indictment against Federal Reserve Chair Jerome Powell reviving worries about the monetary authority’s independence. Central bankers across the world have rallied behind Powell and JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the political intervention could backfire.

According to the latest jobs report, the US economy added 50,000 jobs in December — fewer than economists had anticipated. US Bank Wealth Management senior investment strategist Rob Haworth and Jefferies' chief US economist Thomas Simons join Market Domination to discuss how the latest data affects their outlooks for the Federal Reserve. To watch more expert insights and analysis on the latest market action, check out more Market Domination.

Fed interest rate today: Cut boosts rate cut stocks, lowers mortgage rates fed, brightens fed funds forecast—seize business growth.

Fed rate cut this week appears likely, but divisions among policymakers signal uncertainty over future reductions as inflation and jobs data conflict.

UBS now expects a 25bp Fed cut in September 2026 (moved from June on Mar 26, 2026), reshaping short-end yields and bank earnings expectations.