The final jobs report for 2025 put the kibosh on a Federal Reserve rate cut coming later this month.
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Hiring is expected to show a sharp slowdown in July, even as Fed policymakers insist the labor market is in solid shape.
Wall Street may get a jumbo-sized Federal Reserve rate cut after another horrid U.S. jobs report.
The Fed's first meeting of the year wrapped up Wednesday, showing a more hawkish consensus taking shape among policymakers.
Don't hold your breath for a Federal Reserve interest rate cut this month.
The increase came after a much weaker-than-expected U.S. inflation report.
The S&P 500 and Nasdaq both briefly hit record intraday highs Friday before tumbling on a weaker August jobs report.
