The markets are discounting the chances at 5% for a -25 bp rate cut at the January 28-29 FOMC meeting. EUR/USD (^EURUSD) today is down by -0.35% ... a sign that inflationary pressures in the economy ...
Market Roundup US Average Hourly Earnings (YoY) (Dec) 3.9%, 4.0% forecast, 4.0% previous US Average Weekly Hours (Dec) 34.3, 34.3 forecast, 34.3 previous US Government Payrolls (Dec) 33.0K, 30.0K ...