Interest Rates Expected to Hold Following Modest Job Gains
The Federal Reserve is expected to maintain steady interest rates after reports showed private employers added only 41,000 jobs in December.Economists Nela Richardson and David Tinsley highlighted a K-shaped recovery where sectors like construction grew while white-collar professional services declined.The recent stabilization follows a November slump where job openings hit a one-year low amid a cautious hiring environment and decreased layoffs.
Published:28h |Updated:21h