Market Moves
Rate Cut Hopes Squashed by December Payroll Data
The U.S. added 256,000 jobs, considerably more than the 155,000 expected, lowering the chances of interest rate cuts this year.
Probably not, says LPL’s Detrick, as he trots out some historical precedents.
Split views seen in FOMC minutes are vexing. So let’s hear what Wall Street strategists think.